My Thoughts on This: As you know, I fully support the passage a few years ago of the Affordable Care Act. I’m also a realist in that I expect it to change shape over the years. Here’s an article that suggests what might happen in those states where the governor is married to the “anyone …
Continue reading Fallout for States Rejecting Medicaid Expansion
I've spent a lot of time in the last few years trying to help parents and their college bound students realize there is a source of money to help pay for college that does not have to be paid back. Every college and university has funds they can use to support and encourage the students …
My Comments: As a financial advisor who is asked for investment advice, an important consideration is the age of the person seeking the advice. Someone age 40 is likely to get a different answer from me than someone age 80, especially if we’re talking about the need for income when working is no longer an …
Continue reading Global Food Reserves Falling As Drought Wilts Crops
NBER study looks at what college grads can expect to earn in their chosen fields My Comments: If you are a parent of a high school child, paying for the college education of your student has got to be discussed and resolved at home long before the decision is made about which school to attend. …
My Comments: By now you know that I spend time every week talking about the cost of a college education for your student and for any student in high school who has expectations of getting a college education. I've asked help from you in the past as to how to get this message across to …
Continue reading Don’t Pay for Your Kids’ College, Wealth Manager Urges Boomers
My Comments: If you follow my writings, you know that I spend time and energy on an idea to help parents of high school age children find free money for their college education. Free money in this sense is money that schools are willing to spend to encourage an applicant they want, to enroll in …
My Comments: I continue to be puzzled why parents are not interested in the free money available from college admissions offices as they prepare their children for high school graduation and preparations for college. There are billions of dollars out there that don't have to be paid back. The only catch is knowing how to …
Continue reading Financial Aid Letter Would Provide College Cost Comparison
My Comments: I have a solution to this problem. But try as I will, very few parents of high school age children have expressed a willingness to talk with me about it. As a financial planner, I’ve very aware of the financial pressure that comes from wanting your children to go to college and earn …
Continue reading Parents Struggling To Cover College Costs, Survey Says
The 10 biggest 529 plans for the fourth quarter of 2011 are ranked by asset size My Comments: A 529 Plan is an IRS approved idea that allows you to set aside after-tax money in a special account where it will hopefully grow. Then, when you withdraw the money to pay for college education approved …
My Comments: This article is about someone who put all three of his children through college and saw them graduate with no debt. As he says, "Woo-Hoo!" Many of you with children in high school, or perhaps already in college, are doing your best to help your kids get into or through college with money …
Continue reading Realistic Planning: There’s More to Life Than Retirement
Helping Define Your Financial Future 