Entries by Aaron Skloff, AIF, CFA, MBA

Cost of a College Education 2017-2018

Money Matters – Skloff Financial Group Question of the Month – November 1, 2017 Cost of a College Education 2017-2018 By Aaron Skloff, AIF, CFA, MBA Q:  We are concerned about college tuition costs, but know there are additional costs.  What are the costs of a college education? The Problem – Underestimating the Costs of […]

Cost of College Education 2017-2018 – College Board

Click to Enlarge     Average Estimated Full-Time Undergraduate Budgets (Enrollment-Weighted) by Sector 2017-18 Public Two-Year In-District Commuter         $17,580 Public Four-Year In-State On-Campus          $25,290 Public Four-Year Out-of-State On-Campus  $40,940 Private Nonprofi­t Four-Year On-Campus     $50,900 The total price of a college education depends on how long a student is enrolled before completing a degree. Many students spend […]

Tap Your 401(k) Early – CNBC

Tap Your 401(k) Early Retirees can tap into their retirement savings early and avoid the usual penalties. Click Here for Your Long Term Care Insurance Quotes

Retirement Account Rollovers

Money Matters – Skloff Financial Group Question of the Month – October 1, 2017 By Aaron Skloff, AIF, CFA, MBA Q: We have numerous retirement account accounts that are difficult to track and even more difficult to optimize their risk and return.  We are trying to consolidate the accounts.  What retirement accounts can we rollover […]

Retirement Savings – Now or Later

Money Matters – Skloff Financial Group Question of the Month – September 1, 2017 By Aaron Skloff, AIF, CFA, MBA Q: I want to save for retirement.  Should I save a smaller amount today or wait until I’m older and save a larger amount? The Problem – Retirement Savings – Now or Later Many of […]

Retirement Savings – Now or Later

Click to Enlarge Let’s look at an example of two retirement savers.  Bob is 24 years old and chooses to invest $250 per month until he retires at the age of 65.  At the age of 24, Sue decides to delay saving until she was 40 and would save $500 per month until she retired […]