Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
College and University Discussion
Reply to "Best financial planning tip for donut hole families"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]we shifted 600k of assets into non reportable. mostly paying down our mortgage, but also wrapping up a long list of needs: new roof, added an ADU, did dental work, redid driveway, maxed retirement, updated a bunch of legal work like trusts, etc.[/quote] So this is what I don’t understand. If you have enough money laying around to pay down the mortgage, redo the driveway, new roof, and an ADU (!) how can you possibly qualify for financial aid? We don’t qualify for financial aid. We are a donut hole - HHI about $250, $100k in a 529, and we’ll be full pay. We could use a new roof and all sorts of house repairs, but we don’t have that kind of money laying around. If you’ve got that kind of money what is the point of rearranging your finances? You won’t qualify.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
