[Christopher]

$87,000 * 4 years = $384,000. At 8%, that’s $27,840/year in interest, or $2,320/month (again, just in interest).

These are pretty serious numbers to be playing with. Some time is warranted doing the math for yourself (herself) to see if it’s worth it.

[Andrea]

The math answer depends how much the loans cost interest wise, and how much the Roth IRA could make interest-wise.

But personally, I would just try and get debt free as soon as humanly possible.

Putting it in the Roth feels like trying to save for the future with a noose tightening around your neck.

[Dan]

Unless she has earned income she can’t do a Roth for that given year, unless she is married and the partner works

[Author]

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