Consumer, Family, and Travel Business Ideas

And whatever that magic number is in their head, all of a sudden, they tack on another $500,000 or another million. It never seems to be enough. And as people approach retirement, that often makes that feeling stronger because the paycheck stops, the certainty of the paycheck stops, and then your lifetime of savings and investing become your paycheck once you go into retirement. And most people report that feeling, no matter how much money they saved up, no matter how comfortable they might feel financially, they feel once they transition from the workforce into retirement, it's kind of like working without a net. You're up on the high wire, and it's okay when you know you have the certainty of a major corporation or the government behind you paying you every two weeks or twice a month or whatever your schedule is.

If you have a little excess cash flow, if you're already meeting your own retirement goals, and you've got a plan for education funding, it could be a great place to just save those additional dollars and really get your child set up for success. And I'm kind of optimistic about these accounts because the government has made 529 plans more and more favorable and flexible over time. And these accounts, the Trump accounts, could be really powerful if they end up doing the same. Yeah, I know that we're following it very closely, especially on your team.