Ask KT & Suze Anything: Should I Stop Paying Into My IRA to Get Out of Debt?
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
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Balancing Debt and Retirement Savings
This chapter addresses the dilemma faced by a federal worker overseas regarding financial stability amid significant debt. The discussion emphasizes the importance of continuing contributions to the Thrift Savings Plan (TSP) for long-term growth, despite the pressing need to manage debt. Listeners are encouraged to consider the implications of investment strategies, especially in relation to traditional vs. Roth IRAs, while ensuring that retirement savings are safeguarded even amid financial uncertainty.
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