Episode 39: 529 Planning in an AI World, Raising Grounded Kids, and Understanding REITs

How should families plan for the future when so much feels uncertain? In this episode, Stephan answers two listener questions that reflect real tradeoffs many high-income families are navigating right now. The first looks at how to approach 529 planning at a time when AI is reshaping education and the job market, and why flexibility matters as much as tax efficiency. The second explores a values-driven concern: how to enjoy lifestyle upgrades like travel and convenience spending without raising kids who feel entitled or disconnected from the effort that built that success. In the second half of the episode, Stephan is joined by Dr. Stace Sirmans, Professor of Finance at Auburn University, for an educational, no-sales discussion on REITs. Stace breaks down how REITs are defined, how public and private structures differ, common misconceptions around dividends and risk, and what investors often misunderstand about real estate as an asset class. Stay in touch beyond the podcast: Personal Wealth Conference: https://scholarfinancialadvising.com/conference-2026/ Newsletter: https://scholarfinancialadvising.com/newsletter Start your planning journey: https://scholarfinancialadvising.com/welcome Submit a question for the show: https://scholarfinancialadvising.com/podcast Disclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice. The opinions expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principal. Past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor who can assess your individual financial situation, objectives, and risk tolerance. Thanks for listening!