The Path to Debt-Free Graduates

According to its most recent survey of college pricing, the College Board estimates that an “average” four-year private university degree now costs $197,280, with that amount expected to double by 2030. As a result, more than two-thirds (68%) of today’s graduates are entering the workforce with college loan debt, and the average outstanding debt amount per student exceeds $30,000.1

 

 

 

Aging Parents: It’s Time to Talk

Does the thought of asking your aging parents about the way they handle their household finances — or how they would feel about moving to a retirement community or assisted living facility — fill you with anxiety? You are not alone.

Investing vs. Paying Off Debt

What Should You Do?

We frequently get questions from clients asking us whether or not they should use any extra money they may have to reduce debt, or, whether they should invest this money instead. This question is particularly common from our younger clients who frequently face student loan debt, brand new mortgages, and the costs of starting a family. This is a difficult question and not one that many people see eye-to eye on.

 

You, Inc.: The Leap Into Self-Employment

 

After working for someone else, self-employment can be an exhilarating change. But it is also fraught with potential pitfalls, including the possibility of running out of money before your new venture even gets off the ground. One way to help improve your chances of success is to do as much advance planning as possible. As you can see in the U.S. Bureau of Labor Statistics chart below, about 50% of new businesses will close within their first five years of existence.