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1.23.20 Planning for retirement; Employer pays off employee mortgage; Income share agreements instead of student loans

1.23.20 Planning for retirement; Employer pays off employee mortgage; Income share agreements instead of student loans

FromThe Clark Howard Podcast


1.23.20 Planning for retirement; Employer pays off employee mortgage; Income share agreements instead of student loans

FromThe Clark Howard Podcast

ratings:
Length:
38 minutes
Released:
Jan 23, 2020
Format:
Podcast episode

Description

Clark discusses the expenses many retirees don't consider when they are planning for retirement. Some call them "stealth expenses." It's important to have a plan as you get closer to your retirement date and to have your eyes open about what your incoming and outgoing funds will look like.

An auto shop owner paid off his long-time employee's mortgage to help him retire. How cool is that!?

More and more universities are offering income share agreements. This means that graduates will pay a portion of their salary for quite a few years post graduation. It's a different approach to the traditional student loan market.
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Released:
Jan 23, 2020
Format:
Podcast episode

Titles in the series (100)

Save more and spend less is more than just a motto for money expert Clark Howard; it’s a way of life. Clark and his crew — Team Clark — are on a mission to empower people to take control of their personal finances by providing money-saving tips, consumer advice, hot deals and economic news to help everyone achieve financial freedom. Clark is a nationally syndicated radio talk show host and a consumer reporter for television stations around the country. His podcast, The Clark Howard Show, receives more than one million downloads each month and is a hub for listeners to get valuable advice on-demand any time. Clark answers questions on the most popular business and consumer topics including; how to buy a cars, financing a home, retirement planning, shopping for insurance and getting the most out of your savings. Join the conversation and submit your question to www.clark.com/askclark . Clark spearheads two free resources — Clark.com and ClarkDeals.com — to encourage consumers to save more, spend less and avoid ripoffs.