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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
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By Christian Cyr, CPA, CFP®4.6
1111 ratings
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
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