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College Planning
Time to study up oncollege planning
College Planning
2
Should you save for college?
This calculation is illustrating the principal of time and compounding. It is based on monthly contributions and an 8% annualized yield. It’s hypothetical and not intended to serve as a projection of the investment results of any specific investment. If fees, taxes and expenses were reflected, the return would have been less.
$132 per month starting at age 2
$54,171
$545 per month starting at age 12 $54,107
18 years
College Planning
3
529Investments
TuitionCredits
What are my options?
CoverdellESAs
OtherPrograms
Information provided by Retirement Specialists is for educational purposes only and is not intended as investment advice. Neither the company nor its representatives give legal or tax advice.
College Planning
4
Quiz yourselfLook at the big picture:● Debt
● Retirement
● College choices
● Tuition costs
● Available scholarships and financial aid
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