$320k in debt, best way to tackle it?
Hey everyone, I’ll try to keep this short.
Finishing up residency soon with $50k in the bank and $320k (6% interest rate) in med school loans. I’ll make ~$196k post-tax next year. I spend $3k/month now and live comfortably as it is so I do not plan on dramatically increasing lifestyle until after another 2-3 years. Age 29, no wife, no kids.
I was thinking of putting $100k/yr towards loans and using $50k for savings/stocks/lifestyle creep. Does this sound reasonable or should I be even more aggressive with paying things back?