Reply to Finally Paid off My Student Loans!

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[quote=Anonymous]Upon learning that interest would begin accruing on August 1, 2025, I opted to settle my outstanding student loan balance. Initially, I borrowed $300,000 to finance my dental school education. Over time, I have paid approximately $350,000, with an interest rate of 6.7%. Notably, I achieved this feat on an associate's salary, while also traveling extensively, owning a home, and funding my child's private school education. Moving forward, my objective is to concentrate on retirement planning over the next decade. I have been maximizing my 401K every year the last seven years. I must admit that I empathize with recent graduates who are shouldering substantial debt burdens. Even a decade ago, my own student loan amounts seemed exorbitant. It is concerning to see institutions like UPENN and NYU charging students nearly $800,000.

I am planning on opening a brokerage account. I come from a refugee background. I have been poor all my life l. I want to be successful and save my money. Where to start? Please be kind and advise me. I make a decent salary of 400,000 a year. We are very comfortable. My spouse is a Part-time  Nurse practioner!

PS: To the pedantics in the group  please excuse my grammar. English is my third language! [/quote]

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