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Author: makasha Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8411  
Subject: Early retirement/retired parents Date: 2/25/2012 11:02 PM
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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? BF will be eligible for retirement (not "early" retirement) in September 2014, when his DS#1 will be (hopefully) entering college. One year later his DS#2 will be going as well.

If BF is retired, will the boys be eligible for more financial aid?

Also, if BF is DH by that time, how will my financial assets be counted? Almost all of my assets are in IRAs and a Roth IRA. By 2014, it's conceivable that ALL my assets will be in retirement vehicles.

The boys' mother is also in the picture, though we know with 99.99999% certainty that she won't contribute funds to the boys' college. She *might* also be on a disability retirement by the time autumn 2014 rolls around, if all testimony and pictorial evidence to the contrary is ignored. ;-)

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