The pandemic has drastically affected the funds of many households, making saving for faculty tougher.
Uncertainty about job stability, fluctuating markets and the way lengthy the pandemic will final are placing added stress on mother and father whose youngsters are approaching school age. And a few conventional concepts about school financial savings are being challenged, such because the desirability of saving for a name-brand college when so many are presently online-only or are holding solely restricted on-campus courses.
With these points high of thoughts for a lot of households, The WSJ invited three specialists to debate school monetary planning: Dan Hill, president and chief government of Hill Wealth Methods in Richmond, Va.; Nicole Strbich, director of monetary planning at Buckingham Advisors in Columbus, Ohio; and Jeffrey Swett, monetary adviser and senior portfolio supervisor at UBS and chief of the Swett Wealth Administration Group in Boston.
Listed below are edited excerpts of the dialogue.