Give Them Education...or Retirement | Series 5.6
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Description
Help fund your kid's retirement?! May sound crazy but hear me out. ...what I found in being an advisor is that most people want to kind of replicate whatever their parents did for them. Whether that be you know, some loans or paying 100% of the school costs...(04:13) The other option though, that can be incorporated, is retirement instead or in conjunction to this traditional college focus. (04:27) ...would you rather have in this example, the $65,000 pay off all of these college loans or that $65,000 give them one and a half million dollars when they're about to retire, of tax free money? (07:34) Quote for the episode. "...if I can teach them about money through some student loans, and also free them up to be able to enjoy more time with family and make more memories with their kids...that's a win/win." (10:45) Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.
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