The 3rd Decade Program

The TCI Foundation (TCIF), a 501c3 non-profit organization, was founded to provide the financial education young adults should have received in school.

TCIF offers the 3rd Decade program, led by financial experts, to increase your financial confidence and success. The 3rd Decade is the most critical time for planning and maximizing future financial success. Young adults are particularly at risk and are too often targeted by financial services that don't have their best interests in mind.

Poor financial decisions early in life can compromise financial security for years. At a minimum, we want you to have the knowledge, skills and confidence to make good decision. And, we want you to learn that financial security is more about good money habits and decisions rather than how much you make.

Bob Swift, founder of TCI Wealth Advisors, is committed to providing access to professional advice and financial education through TCIF and the 3rd Decade program. So important is this goal that participants in the 3rd Decade program are able to earn financial incentives.

It is time for you to Get Started.


From the TCI Foundation Blog

A different perspective

It can be enlightening to learn how people in other countries handle routine financial transactions. Canadians, for example, have a very different approach to home mortgages than we do. A typical home loan in Canada is for 5 years, not 30. Although the loan is amortized over a longer period, the Canadian homeowner has to refinance frequently. As a result, Canadian banks aren’t tied to a 30-year rate. Because Canadian banks can constantly refresh their loan portfolio at market rates, they’re less inclined to sell their loans on the secondary market. By keeping their loans on their own balance sheets, they tend to build closer relationships with their borrowers. Their default rates seem to reflect that; from 2000 to 2014 they averaged less than half the default rate of 30-year fixed loans at U.S. banks. Canadian borrowers pay prepayment penalties if they pay off or down their loan early. The prepayment penalty discourages borrowers from moving to lower interest rates and, if … [Read More...]