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The college planning process can be both confusing and overwhelming. This episode is intended to provide you with the most important information by answering the most common questions we get from clients.

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Show Notes For This Episode

Sending your child off to college is difficult time for many people. Not only are you having to deal with the emotions of seeing you son or daughter leave the nest, but you’re also sorting through your finances to determine how everything will be funded.

We understand how important this time can be for you and your family and it’s exactly why we do this work everyday. Our goal is to help the future generation improve their situation by helping them get into and afford the college of their choice.

A lot of people, however, try to navigate this situation on their own and it can be daunting to track down the information that you need. That’s what we want to help you with on this episode of the ABC’s of College Funding. We’ve pulled together a handful of the most common questions that get asked of us and will provide detailed answers to each one.

When the show is over, we want you to feel confident about taking the next step in the planning process, no matter how close or far you are from college. Take a look at some of the topics we’ll be addressing:

  • When should you start planning? Is it ever too early?
  • When the average family starts planning for college.
  • The different savings vehicles you can choose from with pros and cons to each.
  • What can students do to improve their standing?
  • Finding a school that fits your needs.

We care a lot about assisting families with this important time and providing this information is a service we’re glad to share on this podcast. If you have any additional questions or want to discuss any of these topics further, please get in touch and we’ll set up some time to talk.

Listen to the full episode or click on the timestamps below to hear more about a specific new reality we may be facing.

1:35 – What our plan is for the show today.

1:56 – When should we start planning for college?

2:50 – When do most families start planning?

3:24 – What are the different savings vehicles for college?

3:57 – The negatives to a 529 plan.

8:23 – The advantages to a 529 plan.

9:56 – Coverdell IRA and Roth IRA

11:36 – A little know option: Private reserve strategy

13:44 – What can students do to improve their situation?

16:39 – How to go about finding the best fit for school?

20:52 – We’re passionate about getting this information across to families.

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