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re: So do I fund my IRA and my wife's Roth or pay off debt?
Posted on 3/6/09 at 2:38 pm to SFVtiger
Posted on 3/6/09 at 2:38 pm to SFVtiger
I'd pay off the debt. Take what is left plus however much from your emergency fund needed to max out you and your wifes Roth. Unless there is some reason you need a $75k emergency fund such as an expected job lose or a kid/spouse that has a medical condition.
$75k is a pretty stout emergency fund for most people.
$75k is a pretty stout emergency fund for most people.
Posted on 3/7/09 at 1:27 am to Cash
quote:
Unless there is some reason you need a $75k emergency fund
unexpected gambling debts?
seriously, who needs that much spare cash? Do you have kids that sell drugs or something?
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