The millennial dilemma: Invest or pay off debt?



The age old dilemma—pay down debt or save for retirement? Maria Bruno of Vanguard Investment Strategy Group and Kahlilah Dowe of Vanguard Personal Advisor Services suggest investors try and strike a balance between the two competing priorities. Please remember that all investments involve some risk. Be aware that fluctuations in the financial markets and other factors may cause declines in the value of your account. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide your with a given level of income. **For more information about Vanguard funds, including at-cost services, visit vanguard.com or call 877-662-7447 to obtain a prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.** All investing is subject to risk, including possible loss of principal.

Comments

  1. Do both!
  2. it's really not a dilemma... the math is in favor of attacking the debt with gusto and paying it off as fast as possible, then staying out of debt and investing from then on out. #daveramsey it really is that simple


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Visibility: 3273

Duration: 3m 40s

Rating: 13