Money Rehab with Nicole Lapin "Should I Pay Off Credit Cards or Save For Retirement?" (Listener Intervention)
Mar 24, 2022
The podcast dives into the dilemma of choosing between paying off credit card debt and saving for retirement. It explores topics like transferring old 401k to IRA for tax planning, leveraging employee stock options, and strategic financial planning for long-term stability. The episode discusses investments in Acorns and Robin Hood, student loan repayments, and the importance of balancing debt repayment with retirement savings.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Exploring Tax Implications of Transferring Old 401k to IRA
01:53 • 5min
Strategic Financial Planning for Retirement and Debt Repayment
06:33 • 4min
Navigating Investments and Retirement Accounts
10:27 • 2min
Decision-Making Between Paying Off Debt and Saving for Retirement
12:00 • 2min