Navigating Market Trends for Education Funding
Setting the right financial goals for your family’s education plans requires a close look at the market. The right education plan can spell the difference between a smooth college experience and a disastrous headache, and that’s why 75% of parents in 2024 have started helping their children save for college early. Building a solid education savings strategy involves thinking through and appropriately navigating the many different savings vehicles available, tax implications, roadmaps...
How to Balance Retirement and College Savings
Both investments are important. Learn how to balance both for long-term financial health. Saving your money is challenging enough, but how do you strike the right balance between retirement and college savings amidst economic uncertainty and tuition costs rising at an average of about 7% annually? It’s by no means an easy feat, and most parents would agree: According to the 2024 College Savings Indicator report from Fidelity, parents care more about...
College Planning for Single Parents
Learn the simple steps you can take right now with college planning to ensure a bright and financially secure future for your children. You don’t have to wait until your child is older to start planning for college; in fact, the earlier you start saving up for tuition costs, the better! Having a plan in place provides more flexibility when your child graduates and helps you maximize your savings over time. That’s...
College Planning for Families With Different Incomes
No matter your family’s level of income, you have options when it comes to education planning. The idea of saving for college can be exciting, but higher education is a significant expense that requires smart financial planning for tuition, room, board, books, and overall living costs. So, where do you start? Your family's income level and other investment goals will determine the right approach to college planning. Learn how you identify and implement...