Season 2

College Confusion in Covid Times

Episode Notes

The COVID-19 pandemic has created dilemmas that college students and their parents have never had to face before. With many already financially struggling higher education institutions keeping campuses closed, cancelling athletic seasons and offering online courses only, students are being denied the full college experience. Are the 10%-15% tuition reductions some colleges and universities are offering adequate compensation? Pam, Richard and Terry discuss the pros and cons of various options, including: Negotiating tuition costs and financial aid packages; taking a gap year to earn money for the 2021-2022 school year; and deferring enrollment and earning a 1-2 years’ worth of transferable credits at a community college.

Recent Podcasts

Season 7
Why Women are Leading Sustainable Investing

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In this episode, Pam, Terry and Richard discuss the pros and cons of socially responsible investing, whose increasing popularity is being driven mainly by women. In particular, they examine whether women sacrifice returns by investing in stocks or ESG funds that align with their personal values. The answer may surprise you.

For further research:

Janine Firpo, Activate Your Money: Invest to Grow Your Wealth and Build a Better World

Season 7
5 Tips for 401(k) Rollovers

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Directly rolling over a 401(k) plan to an IRA with a custodian like Fidelity, Schwab or Vanguard is something most people should do as soon as possible after they retire. Why? Because most 401(k) plan investment options are designed for people saving for retirement, rather than for those who need their nest egg to generate income to help pay for everyday expenses. Rollover IRAs offer access to a wider variety of investment options, many of which may have lower expenses than the funds in your 401(k) account. But since you may need money in your IRA to last 20 years or more, you may not feel confident making your own investment decisions. A low-cost robo-advisor can automatically invest your rollover IRA money but won’t be able to answer your questions or address your concerns. That’s why it may be worth paying more for the services of a fee-only fiduciary financial advisor. They not only can manage your investments but can come up with a comprehensive plan to address the financial opportunities and challenges you may face during retirement. 

For further research: 

Show Episode Notes

Podcast Hosts

Pam Krueger

Pam Krueger

Terry Savage

Terry Savage

Richard-Eisenberg

Richard Eisenberg

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