 |
THE CAREER CHANGE FINANCIAL PLANNERBreak Away Without Going Broke (SM) |
If you’re thinking about changing careers or have recently made the leap, chances are you may experience a temporary — or even permanent — cut in pay with that change. And what if your child just happens to be getting set to make his own leap – to college? According to Todd Weaver, Senior Associate at [...]
This month, the first Boomers turn 65. But the largest generation’s big milepost is helping to change the way we think about aging. There are many turning 65 that will still want to (or have to) remain in the workforce, and why not? If those reaching retirement age can look forward to a decade or [...]
In case you missed my recent ten timely tips newsletter… a special follow-up to career changers using 529 savings to cover back-to-school expenses: computer technology, related equipment and/or related services such as Internet access now count as qualified expenses. i.e. You can use tax-free dollars distributed from 529 plans to pay for these items. The [...]
With this — the last post of Higher Ed month on the blog — I would be remiss if I failed to recognize the efforts of college planning expert Todd Weaver of Strategies for College, Inc., who helped me with valuable input on posts throughout the month. Many thanks, Todd!! Last post, I promised to [...]
“Sherrill is now working toward her fifth Ph.D. and appears to have her goals set as a career grad student.” Or at least that’s what the Student Prophecy section of the Crimson Log, my high school yearbook, had predicted for me for 2002. Well, it’s now 2009, and I’ve only gone back to school twice, [...]
So you’ve probably heard plenty about using 529 plans to save for your kids’ college costs, but what about you? If your desired career change requires a return to school, you can open and fund a 529 to get a tax break when paying for your own “qualified education expenses at an eligible educational institution.” (Click [...]
If your career change requires you to go back to school right around the time another member of your family is also headed off to college, timing it such that you’re both in school at the same time might increase your financial aid eligibility. For example, in an earlier post this month, I linked to an article [...]
June’s Pink Slip Lemonade theme was so much fun, I’ve decided to do theme months as a regular occurrence on the blog. Recently, the topic that keeps popping up is higher ed. Whether it’s career changers needing more education to make the shift they want or parents facing kids’ college bills in the middle of [...]
It’s been nearly a decade, but the image remains vivid. Blue carpet-covered cube farm walls in a 100-year-old converted textile mill building. Logo wear, commemorative paperweights, and other artifacts of more carefree times scattered about. The sound of no work being done as we all hovered around the water cooler with bated breath… Being on the receiving [...]
You’re right smack in the middle of a pretty successful career, but you’ve discovered that (rats!) it just isn’t what you want after all. You have a powerful urge to do something completely different. Chances are that “something” requires additional training. Ten years ago, I wouldn’t have even paused to do the math. (“Education? It [...]
