Archive | College Financing

College Costs and 529 Plans

Terrified about sending your children to college? You should be. The cost of education has skyrocketed. This not only affects the middle class, but even affluent families struggle. You must start as soon as possible saving. The earlier you get started the better you will be. There are other things you can do that can be beneficial. Put together a strategy that keeps you from putting yourself into long term debt and damaging your retirement planning. Have open and honest discussions with your children on what you can afford. Have a similar conversation with your spouse so you are both on the same page. You can also look into 529 plans to save for college. You can put after tax […]

Continue Reading