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.
Dettweiler42
joined 8 months ago
They also flat out said it will be a long time before they even consider a 2nd version. Performance efficiency and battery tech need to make some leaps to make it practical.
Steam Deck 2 isn't coming for a long time. Steam Deck OLED is still more than viable.
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.
Edit: Thanks for the upvotes!
Well, as they say: when in Rome, do the Romans