<prompt> Human: Hi all,I guess theres advantages of both but wanted your professional opinion on whats more important. Im in my late 20s and have about 7000 left on school loans. The minimum monthly payment is about 200. Ive been trying to just get rid of it and put all of my pay check into paying it off.With my new job, I needed to roll over my previous 401k into a Roth IRA. So far, I havent really done anything with it but know I should be feeding it as it will continue to grow over the coming years.Im just wondering what is more important right now; should I focus on paying off my loans or putting as much as I can into my Roth IRA?Thanks!Assistant: What is the current rate on your loans?How much of an emergency fund do you have?Human: Interest is 4.75 on the loan. Emergency I have about 20k. Assistant: My gut reaction to a 20k emergency fund is that is more than you need as a young man. How secure is your job? If you did lose your job, is there somewhere you could stay for a while? If so, consider taking 7k from the emergency fund and eliminating the loans right now.Human: My current job is very secure. They havent had one layoff in 20 years. Only thing is were looking to get a house in a year or two and wanted to use that as part of the downpayment.  <response>: Where is your 20k emergency fund? is it making over 1 interest? Paying off the school loans now is like making a guaranteed tax free 4.75Just something to think about. 