Financial Well-Being

...Your Lifelong Investment

Money doesn't buy happiness. But understanding, managing, and communicating about finances can improve the quality of your life and relationships. These lunchtime seminars will help you take charge of your budget, financial short-term and long-range planning, as well as estate and retirement planning.

Student Loan Repayment Strategies

Tuesday, November 28, 2017 - 12:00pm to 1:30pm

Building 76-156; The David H. Koch Institute for Integrative Cancer Research at MIT

Presenter – Jeanne Mahan, M.S.; Senior Manager, College Finance, College Coach

Student loan debt has an overwhelming impact on the lives of graduates and parents alike. This workshop will examine ways in which graduates and parents can manage education debt and guide borrowers’ successful transition from college to repayment. Attendees will learn:

  • How to identify repayment responsibilities for each loan
  • Methods for reducing monthly payments 
  • Strategies for identifying cash flow that can be used to prepay education debt 
  • Ways to avoid becoming delinquent and defaulting on education debt, even during times of personal economic hardship 
  • The best resources for managing and maintaining a repayment strategy

Personalized one-on-one consultations with a College Coach Expert on the topic of Student Loan Repayment Strategies will be available the following days on campus:

  • Wednesday, November 29, 2017
  • Thursday, November 30, 2017

Estate Planning Basics

Wednesday, December 6, 2017 - 12:00pm to 1:30pm

Building 76-156; The David H. Koch Institute for Integrative Cancer Research at MIT

Presenter – Patricia C. D’Agostino, J.D.; Senior Associate, Margolis & Bloom, LLP 

This seminar will provide an overview of the essential estate-planning documents that everyone should have. It will include a discussion of:

  • Appointing trusted individuals to make your medical and financial decisions if you are unable 
  • How and why to avoid probate court, which involves delays in decisions and financial distributions 
  • How to minimize Massachusetts and federal estate taxes
  • Tips for protecting assets for future generations and disabled beneficiaries

Patricia will also discuss the eligibility rules for MassHealth coverage of long-term care and some steps you can take to preserve your assets in the event you, or your family members, do require MassHealth coverage in the future.