Education Planning

How well have you been planning for your children's education?

College tuition costs increase every year, while the savings and investment programs you have in place to fund your children's education are in a constant state of flux. Changes to your current lifestyle can also affect the amount of money you are contributing to education savings.

As your financial goals and needs change, your strategies must change to meet those goals and needs. Education planning impacts other aspects of your wealth management, such as tax planning, investment planning, and estate planning. Because your children's education—as well as you current and future lifestyles—depend on the wealth you build up now, it is important to regularly review your specific goals, and actively plan for education costs.

If you'd like to make sure your education plan is on solid footing, a financial check-up may be in order. A check-up can help you understand key questions such as:

1. What dreams for college education do you have for your children/grandchildren?

2. How much will a four-year college education cost when your children/grandchildren are ready?

3. What savings and investment programs do you currently have in place to provide for those future dollars?

4. Which rate of inflation have you factored into your savings and investment plan?

5. Has your family made funding for higher education a part of the estate planning process?

By conducting a review of your current financial plan, we can help you make sure you have an education plan suited to your family’s needs. We can help make sure that the dreams you have for your children's education come true, and, if necessary, recommend a course of action to help your strategy keep pace with today's realities. Call us to schedule your financial review today.

Call 858.752.1726

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