WAEPA’s Board of Directors has unanimously voted to waive all premiums due for the month of January 2019 for all members.

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Dedicated to Civilian Federal Employees since 1943

Dedicated to Civilian Federal Employees since 1943

Good Debt / Bad Debt: Have the Rules Changed?

Not all debt is created equally and some debt can actually be very helpful.  The days of taking on as much mortgage or student loan debt as you qualify for are definitely behind us.  But how do you know if you are using debt correctly or perhaps getting carried away?  Join Karen Schaeffer, CFP, and learn how financial planners are advising their clients in the post 2008 world.
In addition to your questions, Karen will address:

  • Guidelines for how much student loan debt is reasonable
  • When to say no thanks to a car loan
  • The hidden costs of loans against TSP
  • How mortgage debt can ruin a retirement
  • Strategies for prudent use of a home equity line of credit
  • The real risks of a reverse mortgage
  • Tips for getting debt under control