Retirement For Life

College Planning Secrets with Expert Paul Compeau, CFP® - Ep 39


Listen Later

To get the full RFL experience, watch the episode here at

Discover strategies for college planning that protect retirement savings while maximizing financial aid opportunities for your grandchildren. 

• College degrees still hold significant value, demonstrating a person's ability to persist toward long-term goals
• Traditional savings vehicles like 529 plans may not always be the optimal choice for every family situation
• Financial aid eligibility often depends on proper positioning of assets and income years before college begins
• School selection is crucial—finding the right campus, curriculum, and cost fit helps students graduate on time
• Even families with incomes over $300,000 may qualify for significant financial aid at certain institutions
• How you save for college can impact aid eligibility, with each $10,000 in certain savings potentially reducing aid by $500-$2,500
• The average student takes 5.8 years to complete a four-year degree, creating a potential $250,000 wealth swing
• Alternative savings strategies like IRAs, Roth IRAs, and certain insurance products may better protect financial aid eligibility
• Starting the college planning process early gives families more options and potentially better outcomes

Paul Compeau is a Certified Financial Planner, and the founding partner at BridgeWise College Planning. Using a CFO-style approach, he has helped over 500 families across the US plan how they will pay for college and save significantly, even at top-tier universities like NYU, Stanford, Michigan, and more.

Learn more about college planning strategies at BridgeWiseCP.com or by typing "Bridgewise College Planning" into Google.


We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com


  • Subscribe to our channel for our latest content visit: Our YouTube Channel
  • Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
  • If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
  • Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
  • Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

Investment ad...

...more
View all episodesView all episodes
Download on the App Store

Retirement For LifeBy Christian Cyr, CPA, CFP®

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

11 ratings


More shows like Retirement For Life

View all
Sound Retirement Radio by Jason Parker

Sound Retirement Radio

446 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

809 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,312 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

530 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

747 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

551 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

677 Listeners

Retire With Purpose - The Retirement Podcast by Casey Weade

Retire With Purpose - The Retirement Podcast

586 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

812 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

190 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

38 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

912 Listeners

Retire With Style by Wade Pfau & Alex Murguia

Retire With Style

182 Listeners

The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

The Great Retirement Debate with Ed Slott & Jeffrey Levine

140 Listeners

Retirement Answers by Jacob Duke, CFP®

Retirement Answers

104 Listeners