You are going to help some friends.

Think through what you've learned in this class so far as you make your recommendations. There may be more than one good recommendation, so I'll consider all options so long as you can justify with accurate information.

Ross has a new job at a museum where he will work as a paleontologist. His salary will be $41,000 and he has a retirement plan (403(b)) provided by his employer that will provide a 5% match. He wants to know what he should do about saving for retirement. In addition, he has more than $20,000 in student debt. He wants to know if he should even bother saving for retirement until his student loans are paid off. What do you recommend and why?