2784: Who Should Contribute to a 529 Plan by Wanderer of Millennial Revolution on Smart College Savings Decisions

episode

Optimal Relationships Daily - Dating, Marriage and Parenting not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Optimal Relationships Daily - Dating, Marriage and Parenting

2839: Reframing Rejection: Getting Rejected Doesn't Always Have to Hurt by Michael Davidson with Tiny Buddha on Emotional Resilience 7 min · 20 Dec 2025

All episodes from Optimal Relationships Daily - Dating, Marriage and Parenting →

Report any issue

Source

Recorded02 Nov 2025

Publisherrss.pdrl.fm

Handlerec:17429822

Show notes

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2784: Wanderer dismantles the myth that 529 college savings plans are a smart financial move, revealing how their restrictions and market dependence often leave families worse off. With practical alternatives and a clear-eyed view of education costs, he shows how parents can invest more wisely and secure true financial freedom instead of chasing tax breaks that don’t deliver. Read along with the original article(s) here: https://www.millennial-revolution.com/invest/529-plan/ Quotes to ponder: "Parents are told they’re doing the right thing by saving for their kids’ college education, but in reality, they’re walking straight into a trap." "The government loves programs like the 529 because it gets you to tie up your money for decades, ensuring you keep working and paying taxes." "Instead of locking money away in a 529, invest it in an index fund, let it grow, and teach your kids how to be financially independent." Episode references: Vanguard Total Stock Market Index Fund (VTSAX): https://investor.vanguard.com/investment-products/mutual-funds/profile/vtsax The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.