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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

FromRadical Personal Finance


158-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 3: Pre-Paid Tuition Plans

FromRadical Personal Finance

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/
Released:
Feb 26, 2015
Format:
Podcast episode

Titles in the series (100)

Joshua J Sheats, MSFS, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.