This question was submitted by a reader! Do you have a money question you’d like Gen Y Planning to answer in a future blog post? Submit it to genyplanning.com/askgyp. Life Insurance/Wills? I’m 27 and have $60,000 in life insurance through my employer. I have $120,000 in student loans ($60,000 private, $60,000 government) plus a $9,000 car loan. I have no credit card debt. I’m single and live … [Read more...] about Ask Gen Y Planning: Do I Need an Estate Plan?
Financial Planning
Ask Gen Y Planning: Is Student Loan Debt Worth It?
This question was submitted by a reader! Do you have a money question you’d like Gen Y Planning to answer in a future blog post? Submit it to genyplanning.com/askgyp. I am a high schooler getting ready to apply to colleges soon and would like to ask for your expert financial opinion. Do you think it is a smart decision to go out of state to university? If I do, I would have undergrad debt … [Read more...] about Ask Gen Y Planning: Is Student Loan Debt Worth It?
Ask Gen Y Planning: How Should I Invest My Inheritance?
This question was submitted by a reader! Do you have a money question you’d like Gen Y Planning to answer in a future blog post? Submit it to genyplanning.com/askgyp. I am about to inherit $100,000. I am the first person in my family to ever receive an inheritance. What is a good low-risk investment that will protect the principle? This is a timely question, as many millennials stand to receive … [Read more...] about Ask Gen Y Planning: How Should I Invest My Inheritance?
Should I Hire a Financial Planner?
With the new year around the corner, many of you are setting financial goals for 2018. You’re paying off the last of your student loans, switching jobs, starting that Roth IRA, or getting ready to buy a home. You might also be in the middle of some major life changes -- getting engaged or married, having a baby, or quitting your full-time job to start your own business. Or maybe you decided that … [Read more...] about Should I Hire a Financial Planner?