I finally have enough cash to pay off my student loan in full—here's why I'm not doing it [CNBC]
Ameriprise Financial, Inc. (AMP)
Last ameriprise financial, inc. earnings: 1/29 04:10 pm
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Source: CNBC
The only debt I have left is my student loan, which has been on minimum payment autopilot since I graduated from college in 2013. For many years, I left those payments on the back burner, funneling any extra savings I had toward my investments. Recently, though, my financial strategy changed after my fiancé and I began planning for a wedding in summer 2027. I sold a fair amount of stock and dialed back my retirement contributions in order to build our wedding fund. For the first time in my life, I'm sitting on a pile of cash. And I have to say, I'm very tempted to use a chunk of it to wipe out my loan. Hear me out. My student debt carries an interest rate of 6.55% and is scheduled to be paid off in late 2027. If I paid my loan off now, I could take my monthly loan payment, plus a few extra dollars, tack it on to my regular contributions to the wedding fund, and still hit our funding goal on time. Plus, I'd be debt-free I chatted with a few certified financial planners, and pr
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AMP
News
- Ameriprise Financial (NYSE:AMP) had its "buy (b-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- From Growth To Legacy: A Modern Approach For Affluent Families [Forbes]Forbes
- Ameriprise Financial (NYSE:AMP) had its "buy (b-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Ameriprise Financial (AMP): Evaluating Valuation After Adding Harpland and $160M in Client Assets [Yahoo! Finance]Yahoo! Finance
- Columbia Global Technology Growth Fund Celebrates 25-Year AnniversaryBusiness Wire
AMP
Earnings
- 10/30/25 - Beat
AMP
Sec Filings
- 11/25/25 - Form 4
- 11/21/25 - Form 144
- 11/20/25 - Form 3
- AMP's page on the SEC website