by Brett Tushingham | Oct 2, 2022 | College Planning
Outstanding student loan debt is approaching 1.8 trillion, second only to mortgage debt for consumers. Student loan default rates are almost 11% and the average student loan debt per borrower is $39,351. These are some eye-popping numbers that should prompt...
by Brett Tushingham | Dec 2, 2021 | College Planning, Retirement Planning
We get this question a lot, especially around year-end. As most people already know, capital gains are taxed at lower rates than ordinary income. But at what rates are they taxed at and what is the primary driver in determining those...
by Brett Tushingham | Mar 25, 2021 | College Planning, Retirement Planning
The biggest impediment to an on-time and comfortable retirement is overpaying for your children’s education. Most financial advisors just say, “save in a 529 account”. This isn’t enough and fails to address the best way to pay for a potential $300,000...
by Brett Tushingham | Aug 22, 2019 | College Planning, Financial Planning
Grandparents are usually willing to help with college expenses when possible. I remember my own grandmother chipping in a bit for my freshman year at school. Knowing what I know now, it’s likely that the gift had a negative impact on my financial aid eligibility. The...
by Brett Tushingham | May 29, 2019 | College Planning, Financial Planning, Physicians
College tuition has been rising 33% faster than inflation. This has resulted in enormous tuition bills and students taking on an increasing amount of student loan debt to fund it. You need to treat a college education like any other investment and answer a few...
by Brett Tushingham | Mar 11, 2019 | College, College Planning, Financial Planning
Children are being asked to make one of the largest purchase decisions of their life at the age of 17, paying for a college education. The result, the average graduate has more than $37,000 in student loan debt. Parents understand that investing in an education...