Student Loan Repayment, Retirement Planning
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student debtYahoo Finance
•Business
Business & Economics
How to save for retirement in your 20s and 30s
83% Informative
Stephanie Guild , head of investment strategy at Robinhood , explains how to balance student loan repayment and saving for retirement.
She says a balanced approach can be beneficial if loan interest rates are lower than potential long-term market returns.
The SECURE Act 2.0 allows employers to offer matching contributions for employees who are repaying student loans.
As young adults age, their priorities change, she says.
Robinhood can start investing with just a dollar a day by buying fractional shares.
If one saved $ 3 a day, that could grow to more than $160,000 .
"Don't feel like you need a chunk of money to get started," says Guild .
VR Score
87
Informative language
87
Neutral language
56
Article tone
informal
Language
English
Language complexity
39
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
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Time-value
long-living
External references
3
Source diversity
3
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