In addition to planning for and investing in your own financial success, as a parent, you may also wish to help your children be more successful in life by planning and investing for their future education. Given the high cost of higher education, and that its costs are rising about twice as fast as the cost of other common goods and services, starting a college savings plan for your children as early as possible will help you to be better-equipped to assist them when these costs come due, without unbalancing your own financial situation at that time.

You may also wish to plan and invest for your children’s primary or secondary education, or own future education goals. We help you create customized education funding strategies for your children and yourself that align with your overall financial goals, through the following services:

• Understanding the education goals you have for your children, at what type of educational institution you would like to support their studies, and what portion of the total costs you wish to cover for them
• Projecting the costs of this support, how much you would need to have saved by the time your child begins the study program, adjusted for the high inflation rate specific to higher education, and how much you would need to save monthly to get to these levels
• Understanding your own education goals, timeframe for staring your study program, projected costs of the program, and how much you need to save to get ready for it
• Providing a customized education plan that aligns with your comprehensive financial plan and guides you to the best and most tax-efficient vehicles for education savings. These could include 529 Plans, Coverdell Education Savings Accounts (ESAs), and Custodial accounts
• Strategically allocating and managing your education investment accounts to maximize growth and manage risk, according to your risk tolerance and the timeframe for your children or you to start the study programs

Explore education planning today