At its core, college financial planning is all about finding the proper balance between the more pressing (not to mention more emotional) goal of paying for our kids’ college bill with the more holistically important (but more far off) need of securing our own golden years. However, sometimes, we as parents lose sight of this important perspective and over-pay for college at the expense of our own retirement. After all, as parents with the utmost regard for education for our beloved children, for whom we would do anything, we want the best for them. At Turnkey College Solutions, we offer our clients not only the wisdom, insight, and proper perspective when it comes to college funding, but also the specific, individualized actionable advice and recommendations to help achieving that elusive college/retirement balance a reality. Below is a sampling of our capabilities when it comes to college funding.
COLLEGE FINANCIAL PLANNING STRATEGIES
- Help You Figure Out How Much You COULD Vs. SHOULD Pay For College Without Jeopardizing Your Own Retirement
- Provide Recommendations For The Best Way To Pay Your Share Of College Costs, Based On Your Existing Available Resources (Order Of Spend-Down)
- Provide Complete Financial Overview On College For ALL Of Your Children, Cash Flow, & Retirement, And Develop A Plan To Improve Each Area
TAX PLANNING STRATEGIES
- Provide Recommendations To Manufacture Immediate And/Or Ongoing Tax Savings By Maximizing Your Deductions, Exemptions & Credits That You Might Not Otherwise Qualify For Without Proper Advanced Planning, If Appropriate & Applicable
- Provide Recommendations To Generate Near-Term “Tax Scholarships” By Leveraging The Fact that You Will Have College-Going Children, If Appropriate & Applicable
- Provide Recommendations To Create Long-Term Tax Savings That Will Have A Significant Impact On Your Overall Financial Health & Strength In The Future, If Appropriate & Applicable
BORROWING STRATEGIES
- Provide Recommendations For Cost-Effective Lending Options For Your Situation To Help Keep Financial Goals In Line