A few threads previous, someone mentioned following through on early retirement plans as a strategy for minimizing parental contributions under FAFSA. Can anyone expound on this?FAFSA uses both assets and income to calculate contributions.So if the parents are retired, there is probably a much much smaller income.My advice would be to do a FAFSA to see what the numbers wind up as. I believe you can find places online to do that for free without giving up any real identifiable information about yourself.I have no idea how FAFSA is done for divorced parents (or for assets/income of a new spouse for the custodial parent) - you'll have to research that.
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