cover of episode Loan Pay Down vs Starting Brokerage

Loan Pay Down vs Starting Brokerage

2024/11/13
logo of podcast Jill on Money with Jill Schlesinger

Jill on Money with Jill Schlesinger
AI Deep Dive AI Chapters Transcript
People
D
Denny
J
Jill
获得艾美奖和格蕾西奖的商业分析师，主持“Jill on Money”播客和广播秀。
M
Mark
从破产公司到上市企业的成功转型和多个子公司的建立
Topics
Denny夫妇面临房屋装修贷款（12.5万美元，6.5%利率，10年期）的还款问题，以及是否应该优先偿还贷款还是投资理财。他们目前兼职工作，月收入约1.4万美元，但过去几年收入在1.4万到2万美元之间波动。他们已经最大限度地使用了Roth IRA，账户中有约30万美元，传统税收优惠账户和股票账户各有约5万美元。每月结余约1000美元，扣除贷款后还有约2000美元。他们需要在偿还高息贷款和为未来（子女教育等）进行投资之间取得平衡。 Jill建议Denny夫妇将每月结余的资金一部分用于偿还贷款，一部分用于投资。她认为6.5%的贷款利率相对较高，值得优先偿还一部分。同时，她也建议他们开设经纪账户进行投资，以获得更大的灵活性，应对未来可能出现的资金需求。她还建议考虑设立529教育储蓄账户，以获得税收优惠。 Mark也同意Jill的观点，认为6.5%的贷款利率值得关注。他建议Denny夫妇根据自身风险承受能力和财务目标，在偿还贷款和投资之间找到平衡点。他计算出如果每月额外偿还1000美元贷款，可以提前5年还清。他还强调了529教育储蓄账户的税收优惠优势。

Deep Dive

Chapters
Denny and his wife are deciding whether to pay down their 6.5% fixed rate home equity loan or start a brokerage account for future financial goals.
  • Denny and his wife have a 6.5% fixed rate home equity loan for $125,000.
  • They are considering whether to focus on paying off the loan or starting a brokerage account.
  • The loan is for home renovations, including a new kitchen and bathroom.

Shownotes Transcript

With a fixed rate home equity loan at 6.5% over the next 10 years, should we focus on paying it off or should we focus on starting a brokerage account?

Have a money question? Email us here)

Subscribe to Jill on Money LIVE)

YouTube: @jillonmoney)

Instagram: @jillonmoney)

Twitter: @jillonmoney)

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com).

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy)

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices)