Coastal Financial Advisors

 

Education Planning

Are you asking yourself how you are going to pay for your child's education. We can provide direction and help you achieve a reasonable goal.  Education funding and retirement planning are not mutually exclusive.  They should both be considered during the planning process.  Education funding is more than funding a 529 plan.  There are many methods to save for college.   We can help you understand your options.  Are you in a position to maximize financial aid or maximize education savings?

Average Annual College Costs 2007-08
Private four-year $23,712 (up 6.3 percent from last year)
Public four-year  $6,185 (up 6.6 percent from last year)
Public two-year $2,361 (up 4.2 percent from last year)
Students will pay, on average, from $371 to $406 more than last year for this year's room and board, depending on the type of college.

The average surcharge for full-time out-of-state  students at public four-year institutions is $10,455.
Source: Collegeboard

Strategies in funding an education may include 529 plans, Coverdale Savings Account, savings bonds and stock options.  We will help you understand these and other options to help you provide the most affordable education options.  For more information
click here to learn more or call us at 732-683-2330
.


For more information on Coastal Financial Advisors and the services we provide,
please contact us directly by calling 732-686-2330, or by filling out our online form.

 

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Coastal Financial Advisors, 503 Casino Drive - Farmingdale NJ 07727 - Phone (732) 683-2330

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