College Planning 101: How to Get Ready as a Family
Overview
Going to college is a major milestone—and for many members of the sandwich generation, it’s important to know how to get ready for that big moment, both from a financial and emotional perspective. Learn more about the College Planning topic in this episode of Invested: Advancing Women in Work and Wealth.
You’ll meet Jeannette Haen, Education Planning Consultant at Baird, and Kyra Tyler, Senior Director at Bright Horizons Education and College Advising. Together, they share their insights on which conversations are most important to start early, what to know about saving and paying for college, and how to talk about these topics with your family. They also discuss their views on career planning, creating an engaging culture around education, and more.
Time stamps:
- 00:28 - Meet our guests
- 01:29 - Kyra’s role
- 03:29 - Jeannette’s role
- 06:22 - When should I start saving for college?
- 08:49 - Which savings vehicles to consider
- 11:23 - About 529s
- 12:54 - Starting the college conversation
- 17:27 - The ROI of college
- 25:34 - The impact of COVID
- 35:54 - Saving for retirement vs. college
- 43:02 - Alternatives to traditional schools
- 47:26 - Where to find our guests