Strategy to Make Your Child’s Dreams a Reality
You want the best for your child, especially when it comes to education. Unfortunately, higher education has become increasingly unaffordable for many families. It also may be challenging to navigate the maze of scholarship opportunities, financial aid, student loans, and other funding methods.
At Johnson Investment Counsel, we help you gain clarity into the cost of college as well as potential funding options. We generate a full analysis to help you understand all college-related costs, including tuition, room and board, books, and much more. We also incorporate inflation into our analysis so you can see how costs may increase by the time your child starts college.
The final step in our planning process is to recommend and implement strategies to help your family manage the burden of education costs. Some of the factors we may consider in developing our strategy include:
- The amount and frequency of potential contributions to education accounts.
- Tax ramifications of using various funding vehicles.
- Ownership and estate planning factors.
With proper planning, higher education can be affordable for you and your family. Contact us today to learn more. We welcome the opportunity to discuss your education goals with you. Let’s connect soon and start the conversation.