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What to do? I have been doing my homework on learning the basics on investing & planning for retirement. My question: Would it be wiser to payoff all debt (i.e. school loans / car loan) before contributing to my companies 401K, or make minimum payments to the school / car loans & invest by the 10% rule of thumb? Lets assume we're talking about investing $ left over after all other expenses are paid (i.e. utilities/food/entertainment, etc.). In addition, I have $0 in credit card debt. Any suggestions would be greatly appreciated. Thanks.
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