Hi,
I am writing to get other people's opinions as I can't make up my mind so would be nice to get different perspectives.
I am getting an opportunity from my work to move abroad for 3 years ( no tax country) and earn around 140-160k GPB tax free all in. My current loan is 46k. This is a fixed 3 year contract. After I will likely be in a lower 80-90k earning bracket
I already have some decent savings 2-3 years salary and am 34, and have 20 years of repayments left.
Would you use these few years to invest the extra income in an all-world etf or aggressively repay the loan? I calculated i can repay it as fast as 9 months.
Mathematically is obviously better to aggressively repay it but of course this comes with the risk of ever loosing income over the next 20 years or the stock market not actually returning historically averages.