I accept your number crunching.
My point is that I think Maat is thinking there is a lot of discretionary income there up for grabs for debt reduction and while perhaps they could increase it some. . .my gut tells me there isn't much there to work with. With 100K in student loans, that's probably $800-1300/month right there, depending on the term.
You guys present a good proof on why you have to consider taxes into the equation.
I float a small amount of debt at my business and I face that dilemma all of the time. . .sure, it would be nice to get rid of the $200/month loan payment on my business LOC but then again. . .I'd have to pay that "after taxes" so I usually just keep "revolving it."
As you note, for tax reasons, I wouldn't make the 401(k) the sacraficial lamb.
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