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Message: <blockquote data-quote="A.Hinkle" data-source="post: 3889641" data-attributes="member: 50585">Dave Ramsay has a lot of good advice but he gives it from the perspective of a millionaire, which unfortunately most of us aren't.Contribute up to the match, then sit down with a financial professional and work out a plan to prioritize paying down the debt.  Nothing grows as fast as doubling instantly. Consider making Roth contirbutions as long as your company will still match (though they will almost certainly only match pretax).  Finally consider investing in equity funds (as opposed to fixed income) because everything is down but the potential to rebound from both a size of rebound and time of rebound perspective is much better for equities than bonds.  Less risky (safe is inaccurate) funds mitigate voltility by holding more fixed income which usually can't fall much in value - until market interest rates rise significantly like this year.  They will reclaim their value as they come due and have a return of principal, but typically the types of bonds in target date funds have an average duration of 5-7 years.  Equity will likely rebound faster and more even with the incoming recession as the market is forward looking and most of the coming slowdown (if not all) is already priced in.  You'll glbe getting fantastic deals on new contributions for the next 6 months or so before things start trending upward.</blockquote>