BOOMERS FUNDING REINVENTION

I have seen several articles and pitches for articles about people over age 50 opening 529 college savings plans - for themselves. It seems to be a hot topic, or at least a warming one.

Since the Boomers have shown themselves to be continual learners, perhaps this is a trend that will play out as they reinvent themselves for encore careers for both financial and fulfillment reasons. A niche market for financial planners? and for college communities?  The latter have already experienced growth as retirees and pre-retirees move to locations where they can be students and soak up the cultural atmosphere that institutions of higher education bring. Now they have a new way to fund their continuing education.

Phyllis Weiss Haserot    www.pdcounsel.com