An Investment Plan for College Costs
To meet your goal for funding a child's
college education, you typically need to develop an investment
plan. One of the more important factors is your child's age.
[FULL ARTICLE]
|
The Basics of Financial Aid
The basic premise of financial aid is that
it is need based. Families fill out the government's aid form,
the Free Application for Federal Student Aid, so mathematical
formulas can determine a family's eligibility for federal financial
aid. Colleges can use a different, though similar, methodology
to make financial aid awards.
[FULL ARTICLE]
|
Reassess at 60
Approximately five years before you want
to retire, thoroughly reconsider your retirement plans and make
sure all significant financial pieces are in place. Once you retire,
you probably won't have the option of going back to your job.
So, before you retire, consider these points.
[FULL ARTICLE]
|
Make Sure Your Children Have a Guardian
For parents with minor children, the most
important reason for estate planning is to ensure that provisions
have been made for their children. While it can seem overwhelming
to deal with all the issues involved, consider what would happen
if you and your spouse died without a will, with no provisions
for a guardian, and without adequate money to help raise your
children, making them dependent on the goodwill of relatives.
One of your most important parental responsibilities is to make
sure this does not happen.
[FULL ARTICLE]
|
Finding Money to Save
Many know the common saying that they should be saving
at least 10% of their gross income for retirement, but that can
seem like an impossible goal after paying all your bills. However,
don't just figure that you can't come close to saving 10% of your
income without looking at the after-tax cost.
[FULL ARTICLE]
|
