I frequently get asked about college 529 savings plans. The question I usually get asked is: how much should I put into my kid's 529 Plan each month? The question clients should be asking is: SHOULD I contribute to my kid's 529 plan each month? Let's start with the basics*. 529 plans are sponsored by …
Month: April 2018
The Power of Compounding
I recently took the family down to Naples, Florida for some vacation time. On one afternoon we took the kids on a boat cruise around the harbor with the goal of seeing some dolphins (which we saw!). After explaining some of the history around the harbor, the tour guide quickly moved the conversation to real …
