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3 votes

Should I repay my student loan to free up £800 in cash flow?

Wanting more "cash flow" doesn't make sense; if you need £800/month, you could just take it out of that extra £12k you have. And given that you also have a mortgage with a higher interest ...
3 votes

Should I repay my student loan to free up £800 in cash flow?

There are two important questions here: How much money should you leave yourself for emergencies? What is the best use for your extra money? Many people in the US suggest ~6 months worth of expenses ...
  • 66.6k
2 votes

Should I repay my student loan to free up £800 in cash flow?

Always pay down your highest-interest-rate loan first, unless there are specific reasons not to (for example, if you're expecting the government to forgive some or all of your student loan, you might ...
  • 33k
11 votes

Saving for retirement... starting at 68 years old

One important item that seems to be missing from your analysis is your actual monthly cashflows. Maybe you are already performing monthly budgets, but based on the fact that your tax obligations have ...
30 votes

Saving for retirement... starting at 68 years old

You can live comfortably on Social Security alone (my mother does it), but maybe not with a mortgage and a car payment, and maybe not in the area that you currently live. You might need to downsize ...
  • 119k

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