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[quote=Anonymous][quote=Anonymous]^Kids change the game entirely -- because you're making daycare or nanny payments and sometimes both if you have extremely long hours.

The investments vs. loans thing is definitely an issue. Most of my biglaw peers prioritized getting the loans paid off ASAP -- usually that meant putting little/nothing into 401ks, having minimal liquid savings, and having NO other investment accounts. This is despite the fact that we graduated at a time when prevailing student loan rates were around 3% -- and the market was/has been returning far more than that. But people tend to prioritize it even if it isn't a financially savvy move bc you can make more in the market than your borrowing rate -- bc they just want to be DONE with loans. It's a mental thing that a lot of lawyers buy into.[/quote]

I get why having kids would delay things. But for 20 something singles, the option shouldn't be (or at least wasn't for me) either paying down loans or maxing 401k unless they're living large otherwise. I maxed out my 401k since I was first eligible and through $$ at my law school debt whenever I could (sometimes the entire amount of my bonus since 401k was already maxed out with regular paychecks).[/quote]

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