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The number of people over 50 with outstanding student loans is rising rapidly. This is keeping them from truly enjoying their golden years of retirement.
Jeremy Keil and Erik Kroll, CFP® of Hilltop Financial Advisors and Student Loans Over 50 address this growing issue in today’s episode. Erik shares his five-step planning process that helps those close to retirement tackle their student loans so that they can truly enjoy their retirement.
In this episode, you will learn:
- Why there is so much more to financial planning than just investment management
- The benefits offered by Public Service Loan Forgiveness (PSLF) and its eligibility criteria
- Key things to consider while creating a loan repayment plan
- How tax planning plays a major role in repaying your student loans
- And more!
Tune in now to learn how you can get rid of the student loan burden as early as possible!
Related: The Widow’s Guide to Keeping More of Her Assets with Bill Harris