Tue, 22 March 2016
Today I discuss dealing with children who are bad with money, taking a trial run at retirement and studying abroad with a 529 plan.
A conversation I overheard brings up a discussion about dealing with children who are bad with money, especially when it affects your estate plan. I then discuss leaving money in a living trust and naming a trustee. A Bloomberg article about American’s choosing to study abroad leads me to explain how 529 plans can be used outside of the US. Why you should take a trial run at retirement. I respond to Dan’s question about where to keep safe money and provide an interesting alternative to an FDIC. Bad rules of thumb for retirement planning.
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