COLLEGE SAVINGS GUIDELINES

This is always a tough one because the cost of college between public & private is so different, compounded by the rising cost of education. The 529 Plans are a great way to save for college, but there are other options as well. The key is to save money for college and not using your 401k or home equity as the college plan (These are both for the parents future). Click on the link below for an article from Fidelity on College Savings Guidelines, but the most important take away from this entry is to save!!!!

When it comes time to begin the actual college planning process (i.e. Freshmen, Sophomore or Junior in High School) I can help in a big way. We have a great process but also ways to re-position your invests so that you get the lowest EFC (Expected Family Contribution for your child's college education) possible.

Article from Fidelity click here.

Ron Rotenberg 310-377-0668