Education Planning
Start Funding Your Kids’ Future Today
WestStar Advisors will tell you that the best time to start a college fund is when your child is born. When you factor in compound interest and regular investments, the funds can grow over a longer period of time, and you don’t need to put aside as much each month or year to reach your goal.
“Some of the big questions that I help my clients with include: ‘Am I saving enough to achieve my goals and successfully fund my dream retirement? How should I save for my children’s college without sacrificing my own retirement savings?'”
Jason Hewett: Financial Consultant
It’s never too late to start saving for college and enjoy several benefits such as increased flexibility and less debt. Families who save for college may afford a more expensive college than they otherwise could. College savings also can reduce student loan debt, since every dollar you save is a dollar less you’ll have to borrow.
There are various types of college savings plans designed to help you finance your kids or grandkids’ education: 529 Plans and Education Savings Accounts are generally considered better choices because of their tax advantages.
We help to set up tax efficient 529 Plans and Education Savings Accounts to insure your children receive the education they deserve without impacting your own retirement.
Start saving today for college with a plan that suits your goals and circumstances.
