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How to Save and Plan for Future Education Costs image

How to Save and Plan for Future Education Costs

E36 · One Day Advice Podcast
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0 Plays2 years ago

Education costs have increased at an exponential rate, creating a significant amount of opportunity for well-thought-out financial planning.

In this episode, we discuss the causes for the increased costs and provide information on 529 plans as a solution for self-funding these costs, outside of student loans, in a tax-efficient way.

1:12 - Why tuition costs are increasing exponentially

4:35 - What you can do to plan around education expenses

9:02 - What expenses does a 529 cover, and not cover

10:14 - Alternative methods of funding education expenses

12:37 - FAQ

15:09 - Superfunding a 529 [Planning Strategy]

Schedule your free 30-minute consultation at OneDayAdvice.com and mention the podcast.

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