This lesson is titled ‘Retirement and College Planning’, and discussed how to understand and properly fund the one or two single biggest expenses of your lifetime. This lesson can be a little daunting, as it requires some calculations and looking at what is required to make your goals happen can be a little depressing (at first). Keep with it, I promise it will be worth it!
The homework for this week is:
- Read Chapter 12 in Financial Peace Revisited, specifically the section titled ‘Of Mice and Mutual Funds’.
- Fill out the Monthly College Planning worksheet on page 161 of the workbook (if applicable).
Lastly, we have some additional reading on this subject, if you are interested.