Graduation is barely in the rear-view mirror and the fall semester is right around the corner. Now is the time to enjoy one last summer before the first year of college. Ideally, everyone would have begun planning for college years ago and could breathe a sigh of relief today, knowing the hard work is behind them. Still, this can be an emotionally charged time for many family members.
Once you meet a client and learn about the family makeup, one of the first questions to ask is, “Have you started planning for college?” Advisors often focus primarily on retirement planning, but higher education funding is an important part of financial planning conversations for families with children and younger couples who may wish to pursue their own post-secondary education goals. Even if your client doesn’t currently have children, if they intend to, it’s never too early to start saving for college.
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