Life After Student Loans

If you’re in your 20s or 30s, you might be wondering how much student loan debt will affect your retirement years. It’s a good question to ask! After all, if you’re still struggling with student loans as an adult, it could impact your ability to save for retirement and other long-term goals. That’s why we’ll explain how paying off student loans early can help improve your financial situation later on down the road — starting with how much it would be worth for you if you paid off $100K in student loan debt today!

There are many benefits to paying off your student loans ahead of time.

There are many benefits to paying off your student loans ahead of time. First and foremost, you’ll have more money in your pocket. If you’re paying $600 per month on a student loan with an interest rate of 6%, then that means for every $100 you pay off, another $6 goes toward interest payments. That’s not even taking into account the fact that most people don’t have enough money saved up to pay off their entire loan at once–meaning they end up making monthly payments for years on end before they ever see any real progress on their balance sheet (and saving themselves thousands more dollars in interest).

Secondarily but equally important: Getting rid of debt frees up mental space! There’s something extremely liberating about knowing exactly how much debt is weighing down upon your shoulders every day–and being able to shrug it off as easily as removing an article of clothing can be incredibly empowering. It’s like being encumbered by chains only instead those chains are really just pieces of paper telling us how much money we owe other people…

You’ll have more money in your pocket every month.

You will have …