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Handling Student Debt While Saving for Retirement

Handling Student Debt While Saving for Retirement

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In this week’s episode of Women and Wealth, Regina covers yet another difficult topic that many people—especially most recent college graduates—have to deal with:

Student loans.

These loans help make a college education possible for many Americans and can be a big part of the equation in launching your career. However, paying them off can be a tricky situation for young people trying to find financial footing—especially in today’s economy.

Join Regina as she breaks down the current landscape of student debt but more importantly, what you can do personally, or recommend to others that are leaving college and entering the workforce. From striking the balance between repayment and saving, to creating a budget and how you can leverage your new role to help your retirement!



Episode Highlights:

0:00 - Introduction

0:34 - Graduation season and student loans

3:30 - Start contributing to plans as soon as your eligible

5:02 - Creating a monthly budget

10:32 - Take advantage of your company’s retirement plan match

12:13 - Setup good habits, a new rule for student loans

13:51 - More about company match (and how it impacts your future)

20:29 - Action item and episode wrap-up



ABOUT REGINA MCCANN HESS

Regina McCann Hess, CFP®, CDFA®, is the Founder and President of Forge Wealth Management, with more than 25 years of experience guiding clients through wealth-building and life transitions—including divorce. She is a Certified Divorce Financial Analyst® and has completed the Amicable Divorce Professional Training and Collaborative Divorce Training, allowing her to support clients as they navigate the divorce process.

Regina is the author of Super Woman Wealth: How to Become Your Own Financial Hero and host of the Women & Wealth podcast. Her insights have been featured across national platforms including Schwab TV, Yahoo Finance, CBS Philadelphia, KTLA Los Angeles, FOX 29 Philadelphia, King 5 Seattle, and NTD Television. She’s also been quoted in top publications such as Forbes, Business Insider, USA Today, U.S. News & World Report, The Muse, and more.

A sought-after speaker, Regina regularly presents at women’s networks, divorce and financial wellness events, and has been a podcast guest on Financially Intentional, Average Joe Finances, Money & Mortgages, and more.




CONNECT WITH REGINA

Website: https://www.forgewealth.com

LinkedIn: https://www.linkedin.com/in/reginamccannhess/

Facebook: https://www.facebook.com/ForgeWealth

Instagram: https://www.instagram.com/forgewealthmanagement/

YouTube: https://www.youtube.com/@ForgeWealth

Email: reginahess@forgewealth.com




Securities offered through LPL Financial, Member FINRA/SIPC www.finra.org, www.sipc.org

Third-party posts found on this profile do not reflect the view of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness.

For a list of states in which I am registered to do business, please visit www.forgewealth.com.

This material was prepared by MFS Investment Management. MFS Investment Management is not affiliated with Forge Wealth Management, Private Advisor Group, or LPL Financial.

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