Sign In Register. LSU Football Schedule. Money Talk. Next Page Β». Page 1 2. Page 1 of 2. What to do once cars are paid off? Wife and I will both have vehicles paid off in about 12 mos. High Yield Savings to save for future vehicles or whatever else we need it for. Put more into her K. Currently doing 3. Interest rate is 3. Other ideas? Reply Report Post.
Posted by ItzMe Member since Dec Kids ain't happening. Posted by Tiger Attorney New Orleans. If you are comfortable with your retirement numbers, I recommend having a stash for expected future expenses, separate from the emergency fund. Posted by ronricks Member since Mar Paying off the cars is giving yourself a raise essentially.
Id max the k for starters and put the rest in a brokerage account in something like vti, voo, etc. Posted by RedlandsTiger. Posted by BottomlandBrew. Posted by Suntiger. Or you could open a brokerage account and buy VOO or bitcoin or whatever. Posted by HailToTheChiz. Well done! Here's a novel thought: Spend some of it on yourselves. Have fun. You have a great start. Live a little. Take some nice trips. Posted by Fat Bastard. Posted by grsharky Member since Dec Start putting some of that money aside for the next vehicle?
Posted by Popths. No better feeling to me than being debt free. Very freeing feeling. Worth the small difference. Posted by CypressTrout10 Louisiana. Posted by rebelrouser. He could do better in a three month Tbill at 4.
Posted by DarthRebel. I would leave mortgage as is with a 3. How far are you from retirement? Are you doing a brokerage account at all, for fun money? Me about 15 yrs. Wife about 10 yrs. Posted by Tiger Prawn. What any self respecting baw would do. If not, I'd increase to whatever the match is for sure quote: Pay more towards principal of mortgage.
