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Start Investing or Pay Off Debt? 5 Times Debt Can Wait

Start Investing or Pay Off Debt? 5 Times Debt Can Wait

Once you're no longer living paycheck to paycheck, you often face a big choice: Do you start investing or pay off debt first? Eliminating debt saves money on interest and eventually frees up cash. Wait until 35 to start making that $500 monthly investment and your nest egg would be just over $589,000 when you're 65.