<p>Frankly, I think it’s odd that “young” retirees (especially those who are “double dipping”) don’t have to include their retirement earnings when figuring their EFCs. I live in an area where many military officers retire in their 40’s (collecting half of their salaries as retirement), then they accept great high tech jobs, but only have to include the income from their “jobs” as income on FAFSA. A friend’s husband is a retired full bird colonel who collects over $70K a year in retirement, plus he earns about $130k at his new job. But they didn’t have to declare any of the $70+k on their kids’ FAFSA forms. He is 51 years old.</p>
<p>I just think that is odd.</p>
<p>I can understand retirement protections for those older than 65… but for 44 year olds??? That is a bit odd.</p>