I’ve had a few conversations with parents recently about paying for college. Many seem resigned to scraping together as much as they can and then borrowing the rest, or vice versa to preserve their lifestyle.
Things are changing for future retirees (that includes me!): They are going to live longer and expected investment returns are declining. Combined, these factors are going to put more pressure on retirees.
Last night we conducted our first College Financial Workshop here in Newton, MA. With participants asking lots of good questions and taking notes throughout the session, we think it was a success.
While I don’t think I’ve ever had a client ask me this question exactly, they sometimes come close.
We try not to think of college in these terms because, as a parent, you are usually looking for the very best education that you can afford without spending every last cent of your retirement savings to do it. Hiding money seems a little nefarious.
This is the second in a series of articles on cybersecurity. We encourage you to read it carefully. Thank you and credit goes to MassIT: the Commonwealth of Massachusetts’ lead agency for cybersecurity, http://www.mass.gov/anf/research-and-tech/cyber-security/
1. Choose an account with two-factor authentication.