Education Planning

Proper planning for college costs and arranging your financial affairs to maximize financial assets is essential to ensure you are ready when your student is. We explore a variety of options to help clients fund their children’s education. This may include 529 plans, Coverdell Education Savings Accounts, custodial accounts, Education Savings Bonds and other parental investing plans. Due to the rapidly escalating cost of tuition, special attention is given to cost projections utilizing various inflation rates. Further, we have the ability to identify both in-state and out-of-state tuition rates and housing costs for universities across the country. After anticipating all costs, we determine a savings schedule that will enable our clients to achieve these educational goals.

An investment in knowledge pays the best interest.
—Benjamin Franklin

Fact:
Over a lifetime, high school grads earn $1.2 million, college grads earn $2.1 million, those with masters degrees earn $2.5 million, those with doctoral degrees earn $3.4 million, and those with professional degrees earn $4.4 million.