1.23.20 Planning for retirement; Employer pays off employee mortgage; Income share agreements instead of student loans
Clark discusses the expenses many retirees don't consider when they are planning for retirement. Some call them "stealth expenses." It's important to have a plan as you get closer to your retirement date and to have your eyes open about what your incoming and outgoing funds will look like.
An auto shop owner paid off his long-time employee's mortgage to help him retire. How cool is that!?
More and more universities are offering income share agreements. This means that graduates will pay a portion of their salary for quite a few years post graduation. It's a different approach to the traditional student loan market.
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