Millions of Americans seek the best long-term roadmap for saving for college. So, what is the best course of action to plan for future education costs? Robert Powell and Ross Riskin, Investments & Wealth Institute chief learning officer, discuss the importance of saving for educational expenses, open communication around financial contributions, the best vehicles for education saving, and more in this week’s episode of Decoding Retirement.
There are many options to consider when deciding what type of account to use for education savings, and it can be a good idea to use more than one. “I’m not putting everything into 529 or everything into a brokerage account or using some other product or solution,” Riskin said. “You want to have flexibility with where things are going from an education standpoint…”
On Ask Bob, Robert Powell answers questions about contributing to a spousal IRA, 529 plans, and more. Yahoo Finance’s Decoding Retirement gives you the tools to navigate the years ahead and take action now. The podcast is hosted by Robert Powell and is produced by Austin Rivera.
#youtube #retirement #stocks
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple ( or Android (
– Follow Yahoo Finance on social:
X:
Instagram:
TikTok:
Facebook:
LinkedIn:
