Talk of The Villages Florida - View Single Post - Article in Barrons behind Paywall about 4% Rule Might not work
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Old 01-27-2022, 07:26 PM
M2inOR M2inOR is offline
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Quote:
Originally Posted by Michael G. View Post
All this valuable investment information and they still don't teach students how to balance a check book in school.

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So true!

True story: a life long friend who worked with me in high-tech left the industry and became an adjunct professor at a state university in Oregon.

He teaches marketing and advertising for undergrads, and has been successful, eventually rising to become an untenured department head.

He proposed and promoted the need to have a personal finance course for seniors or juniors as a graduation requirement for those wanting a BS degree in marketing or advertising.

He was not successful.

My son and daughter-in-law are both Army officers. Early in their early years as junior officers, they spent a lot of time helping young soldiers the basics of personal finance.

Pretty sad that neither high school nor colleges are interested in personal finance.

I see this today with some new retirees still lacking personal finance skills.
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Mike
Village of Marsh Bend
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We live in interesting times
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