26 min listen
158-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 3: Pre-Paid Tuition Plans
158-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 3: Pre-Paid Tuition Plans
ratings:
Length:
54 minutes
Released:
Feb 26, 2015
Format:
Podcast episode
Description
Today, we dive into the details of Pre-Paid Tuition Programs. I'm generally not a fan of these programs and you get to hear why! (I do acknowledge that they have their uses).
This opinion (my non-fan-ness) has always been a bit challenging since I do financial planning the state of Florida...and Florida has the most popular pre-paid tution program in the country!
But, I still believe I'm right and today, I defend that belief.
Listen to the show to hear:
Why pre-paid tuition programs are in tough financial straits.
Why you get a negative nominal rate of return on Florida's program.
Why college tuition prices are falling so much even if the official statistics don't reflect the reality.
Enjoy!
Joshua
Support Radical Personal Finance on Patreon: http://radicalpersonalfinance.com/patron
Part 1 of this 529 Plan Series: http://radicalpersonalfinance.com/138-masterclass-on-529-plans-a-k-a-qualified-tuition-programs-part-1/
Part 2 of this 529 Plan Series: http://radicalpersonalfinance.com/154-masterclass-on-529-plans-a-k-a-qualified-tuition-programs-part-2-savings-plans/
This opinion (my non-fan-ness) has always been a bit challenging since I do financial planning the state of Florida...and Florida has the most popular pre-paid tution program in the country!
But, I still believe I'm right and today, I defend that belief.
Listen to the show to hear:
Why pre-paid tuition programs are in tough financial straits.
Why you get a negative nominal rate of return on Florida's program.
Why college tuition prices are falling so much even if the official statistics don't reflect the reality.
Enjoy!
Joshua
Support Radical Personal Finance on Patreon: http://radicalpersonalfinance.com/patron
Part 1 of this 529 Plan Series: http://radicalpersonalfinance.com/138-masterclass-on-529-plans-a-k-a-qualified-tuition-programs-part-1/
Part 2 of this 529 Plan Series: http://radicalpersonalfinance.com/154-masterclass-on-529-plans-a-k-a-qualified-tuition-programs-part-2-savings-plans/
Released:
Feb 26, 2015
Format:
Podcast episode
Titles in the series (100)
RPF 0002 – The first question in financial planning…what do you want?: Where do you start when thinking about financial planning? You have to begin with the end in mind (as Stephen Covey would say): What do you really want? Why do you want it? And then, how are you going to achieve it? - by Radical Personal Finance