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Facing retirement with parent student loans? Transfer them to the kids

Dear Liz: I’m 60. Should I take a $50,000 d.....»»

Category: topSource: latimesApr 21st, 2019

5 Tips For Parents: How To Help Kids Start A Retirement Plan

It’s a whole new world for recent college graduates entering the workforce. Their priorities have changed; now bills, rent, and student loans lead their monthly list. Q2 he.....»»

Category: blogSource: valuewalkJul 9th, 2018

A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India

Joel Lambdin, 49, said his student-loan forgiveness wasn't a "jump for joy" situation but rather, a weight off of him he didn't realize was there. .....»»

Category: worldSource: nytApr 21st, 2024

I am a mother of two kids, and my student debt is crushing my family. Forgiving student loans will help us escape the cycle of poverty.

Forgiving $10,000 isn't enough. Biden needs to forgive all student loan debt so my .....»»

Category: worldSource: nytFeb 20th, 2021

Parents are sacrificing retirement to help kids avoid student debt

Although it's a noble gesture, this can end up being a terrible mistake......»»

Category: topSource: moneycentralApr 9th, 2020

These 3 financial choices could derail your retirement

Today's life events impact the money you'll have tomorrow — anyone dealing with divorce, student loans, or debt could see impacts on their retirement.....»»

Category: topSource: moneycentralFeb 19th, 2020

No matter how urgent student loans seem, there"s a good argument not to put retirement savings on pause while you pay

Finding a balance between paying off studen.....»»

Category: topSource: businessinsiderNov 23rd, 2019

Why you need to cut your kids off financially

As a parent, you want to ensure your children are financially successful as an adult, but sometimes that can be detrimental to your retirement stability. Here is why you need to cut your kids off......»»

Category: topSource: moneycentralNov 18th, 2019

"Rip-off": What you should know about Parent PLUS Loans, and why they hurt HBCU students

Parents call Parent PLUS Loans a "ripoff," but many black families find they're the only way kids can afford college. Here's what to k.....»»

Category: topSource: usatodayOct 28th, 2019

"Ripoff": What you should know about Parent PLUS Loans, and why they hurt HBCU students

Parents call Parent PLUS Loans a "ripoff," but many black families find they're the only way kids can afford college. Here's what to k.....»»

Category: topSource: usatodayOct 28th, 2019

My fiancé and I live on half of our income so we can pay off $75,000 in student loans and still save for retirement. Here’s what a typical week looks like.

Courtesy of Bethany McCamish Bethany McCamish is a freelance writer and designer who lives in Vancouver, Washington, with her fiancé, an electrical engineer. Toge.....»»

Category: topSource: businessinsiderOct 25th, 2019

Should you pay off student loans or save for retirement? Both, and here"s why

Even with a quarter of a million dol.....»»

Category: topSource: latimesSep 29th, 2019

Billionaire Robert F. Smith"s $34 million gift to Morehouse grads includes parent loans

Billionaire Robert F. Smith and his family have donated $34 million to Morehouse College to pay off 2019 graduates' student loans .....»»

Category: topSource: usatodaySep 20th, 2019

Why you should pay off your student loans before saving for retirement

There are some sound reasons why young adults may want to pay off your students loans before you start saving for retirement......»»

Category: topSource: moneycentralSep 16th, 2019

Paying off your student loans is a bigger priority over saving for retirement

As you work to pay off your debt, learning the value of delayed gratification helps you find the money to catch up on your retirement savings......»»

Category: topSource: washpostSep 16th, 2019

Here’s why you should make paying off your student loans a priority over saving for retirement

There are some sound reasons why young adults may want to pay off your students loans before you start saving for retirement......»»

Category: topSource: washpostSep 16th, 2019

Why Sallie Mae Isn’t Threatened By Politics Facing Federal Student Loans

Why Sallie Mae Isn’t Threatened By Politics Facing Federal Student Loans.....»»

Category: blogSource: valuewalkSep 2nd, 2019

Outside the Box: Student loan debt makes 60 feel like the new 30 — and not in a good way

These oppressive loans are impacting retirement......»»

Category: topSource: marketwatchJul 1st, 2019

If your student debt disappeared, would you save more for retirement?

Democratic candidates Bernie Sanders and Elizabeth Warren take aim at ballooning education loans......»»

Category: topSource: marketwatchJun 26th, 2019

How to save for retirement and pay your student loans at the same time

Overcome with student debt? Even if you start with saving 1% of what you earn, it's better than nothing. Brittney Castro, CFP and CEO of Financially Wise in Los Angeles, discusses the 50-20-30 budgeting rule......»»

Category: topSource: moneycentralJun 5th, 2019

Can Workers Tackle Student Loans and Retirement?

Read full story for details......»»

Category: topSource: morningstarJun 3rd, 2019