Thank you for sharing!

Your article was successfully shared with the contacts you provided.
You have an extra $1,000 -- do you pay extra to student loans or invest it in retirement? 3 scenarios examine choices. (Photo: Getty)

It’s difficult to know where to put a few extra bucks at the end of the month, especially for graduates who are trying to balance student loans, retirement savings and other expenses without coming out behind in one category or another.

But according to a Motley Fool report, although paying off student loans faster may look as if it’s the obvious choice, the smarter move may be putting that extra money (or part of it, anyway) into retirement savings.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.