College expenses have risen at a rate much faster than inflation for the past few decades. What was once a pay as you go endeavor has turned into a major life expense that takes careful planning to achieve. Fourth Avenue Financial can walk you through the investment options available for college savers, including state sponsored 529 plans. We can discuss issues such as parental control of the investment fund and tax advantages that each option offers. Would you like to know how much college may cost in the future for you young child or grandchild? We can model future costs and report how much you will need to set aside each month to achieve your funding goal. It is certainly much preferable to save for this expense and let the power of compounding interest work for you rather against you in the form of burdensome student loan debt.
Contact us at Fourth Avenue Financial: https://fourthavenuefinancial.com/contact