Scott retired early even though his daughter's nursing degree at Rockhurst University costs over $200,000. She got a $98,000 scholarship, but financial-planning software let him model the tuition payments and confirm he could afford to stop working.
Chapters
So this software gave me that confidence and we have some, a little bit of headwinds. I mean we have an 18 year old that's getting ready to start Rockhurst University City, Missouri for her bsn. And you know, it's not the cheapest school. Luckily she's done the right thing and she, she's got a $98,000 scholarship, which is good, but it still cost over 200,000 to go there. So you know, we, we still got to come up with some cash and it's a good thing we set that aside and that's, you know, I have to go back to the software because it allowed me to say I'm going to have these one time expenses every, you know, these twice a year where I'm going to have to pay Rockhurst. And this is what I got to pay them, give or take. And it allowed me to see is this possible or do I need to keep working even though I'm stressed out and I'm really ready to leave, Do I need to put in that extra year so I can cover this extra tuition? So the software gave me that confidence. I was like, no, we got this, we got this. We could step away.