#73: Should You Pay Down Debt or Invest? episode artwork

EPISODE · May 3, 2017 · 43 MIN

#73: Should You Pay Down Debt or Invest?

from The Dentist Money Show | Financial Planning & Wealth Management · host Dentist Advisors - Financial Planning and Wealth Management

Let's say you have an extra $30,000 in cash. You can pay down a loan with a 6% interest rate or invest in a retirement plan which could return anywhere from -10% to +10% this year. What should you do? In this episode of Dentist Money™, Reese and Ryan dive into the not-so-simple answer and explain why a lot of people get it wrong. They also weigh in on the pros and cons of cost-driven investment portfolios and provide a list of questions to ask before locking yourself into a loan.

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#73: Should You Pay Down Debt or Invest?

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