Part 1 of this presentation focuses on saving for college. Sometimes just thinking about planning to pay for college for a child or relative can be daunting and overwhelming. We believe it is best to break down a college savings plan into four main questions, which we will answer here.
1) What is the cost of a college education?
2) How much do I need to be saving?
3) What type of investment account should I be using to save for college?
4) How should I balance college savings with other goals?
We hope you enjoy this presentation.
𝑇ℎ𝑖𝑠 𝑣𝑖𝑑𝑒𝑜 𝑖𝑠 𝑖𝑛𝑡𝑒𝑛𝑑𝑒𝑑 𝑓𝑜𝑟 𝑒𝑑𝑢𝑐𝑎𝑡𝑖𝑜𝑛𝑎𝑙 𝑝𝑢𝑟𝑝𝑜𝑠𝑒𝑠 𝑜𝑛𝑙𝑦 𝑎𝑛𝑑 𝑠ℎ𝑜𝑢𝑙𝑑 𝑛𝑜𝑡 𝑏𝑒 𝑐𝑜𝑛𝑠𝑖𝑑𝑒𝑟𝑒𝑑 𝑙𝑒𝑔𝑎𝑙 𝑜𝑟 𝑡𝑎𝑥 𝑎𝑑𝑣𝑖𝑐𝑒. 𝑌𝑜𝑢 𝑠ℎ𝑜𝑢𝑙𝑑 𝑐𝑜𝑛𝑠𝑢𝑙𝑡 𝑎 𝑝𝑟𝑜𝑓𝑒𝑠𝑠𝑖𝑜𝑛𝑎𝑙 𝑏𝑒𝑓𝑜𝑟𝑒 𝑡𝑎𝑘𝑖𝑛𝑔 𝑎𝑛𝑦 𝑎𝑐𝑡𝑖𝑜𝑛.
Do you have questions or would you like to discuss these strategies with one of our financial planners? There is no cost to meet with our team and you are not obligated to move forward with any potential recommendations. S.E.E.D. Planning Group is a fee-only financial planning and investment fiduciary with an obligation to put your best interests first.
Contact us to schedule your first meeting here.
Ryan Seymour is a financial planner with S.E.E.D. Planning Group. He primarily works with young professionals through a division of S.E.E.D. called Sprout. Alongside Amy Michaels, CFP®, through Sprout they help younger clients make sense of everything they know they should be doing but probably aren’t when it comes to their money.
S.E.E.D. Planning Group LLC (S.E.E.D.)is a Registered Investment Advisor (RIA) with the Securities Exchange Commission. S.E.E.D.’s team provides investment fiduciary and financial planning services to clients. Our fees are disclosed, easy to understand, and not predicated on product sales.