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9 mo. ago
  • There's not really anything you can do for your 401k. Taking out any money before retirement is going to hit you with a lot of taxes. If anything, you could consider increasing your contributions during the dip to maximize gains whenever the economy recover. That is, if you can afford to do that while the cost of living is skyrocketing.

  • Most people are relying on income-driven repayment due to high interest rates and inflated tuition costs. IDR reduces your monthly payment to a fixed percentage of your income, but it does not scale the interest generated on the principle. The new SAVE plan was intended to scale the interest along with the monthly payment so your debt wouldn't keep piling up due to being on IDR.

    Trump is removing all forms of IDR and blocking applications to renew existing plans, which means everyone will be forced to pay their full monthly amount (which is based on a 10 yr payoff plan). A lot of newer student loans are close to ~$100K or more, so imagine trying to pay that off in 10 yrs in the current job market.

    Prepare for mass defaults on loans. This is absolutely going to crash the economy, and will very likely be worse than the housing market crash in ~2009.

  • Unfortunately, I don't have any good advice, but I do want to point out that making friends continues to become more difficult as you get older. From what I understand, it's important to have some sort of activity that takes you away from home and work where you can potentially meet people. When you get older and have a family, that becomes even more difficult as your spare time dries up.

  • Well, the concert every week thing is an issue regarding ticket inflation caused by Ticketmaster and their subsidiaries; but I digress.

    As for raising a kid, yeah, they're expensive and everything is pretty shit now. I'm sure most people that want to raise a kid in a good environment want to have a home first (I know I did), and that's effectively impossible right now.

  • I recommend using a tool to scramble all of your comments, waiting a while, and then deleting. Check back every few days to verify deletion before ultimately closing your account. For some reason, if a subreddit is hidden or closed, you can delete your messages from there until it's reopened.

    I spent about 2 weeks deleting my accounts from reddit during the mobile app exodus.