December 19, 2019 / Sharon Bloodworth

A Benefit I Can’t Wait to Use at 62

Benefit of Being 62

A Benefit to Being 62 and Older

I love studying and continuing to learn. I loved college and just finished a year-long Stanford program on innovation last month. An unbelievable benefit of living in Minnesota is that we have a special statute that allows for people aged 62 and older to attend any state college or university for free if they are auditing a class, or $10 per class if they want the credit to count towards a degree. This was brought to our attention by some clients who have been enjoying this benefit.

What an unbelievable deal! You have to wait for the paying customers to fill the classes first, so you can’t always get the classes you want. You also have to pay for any course fee like books or lab costs. I am sure by the time I am 62 this benefit will be gone because of the huge pressure of increasing college costs and student loans. But what a wonderful benefit and way to spend your time in early retirement!

Here are some helpful links if you have an interest. Happy studying!

https://onestop.umn.edu/academics/senior-citizen-education-program

https://www.revisor.mn.gov/statutes/cite/135A.52

If you have questions, please visit our website and contact us!

The foregoing content reflects the opinions of White Oaks Wealth Advisors and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.

Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns.

Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.

Share:

Investment advisory services provided by White Oaks Wealth Advisors, Inc. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.

White Oaks Wealth Advisors, Inc. (“WOWA”) is registered as an investment adviser with the Securities and Exchange Commission. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by WOWA in the rendering of personalized investment advice for compensation shall not be made without first complying with jurisdiction requirements or pursuant an applicable state exemption.

All written content on this site is for information purposes only. Opinions expressed herein are solely those of WOWA, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to other parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.