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Find out more about Investment Services at Consumers Credit Union, available through CUSO Financial Services, L.P.*, and meet our CFS Financial Advisors.
Depending on where you look online, the cost of raising a child to the age of 17 may be as much as $300k1. Certainly, there are several factors that impact that figure, but you should know that number doesn’t include college tuition.
So, as you are balancing your financial priorities, here are some thoughts to consider when it comes to your kids:
- Do you want to help your child pay for college?
- What college costs do you want to cover?
- Are you familiar with 529 Plans, Pre-paid Tuition options, or Education Savings Plans?
- How do you balance saving for college vs. your retirement?
Now’s the time to get the tools and guidance that can help you navigate these kinds of financial questions and how your choices may impact your long-term financial goals.
Reach out to learn what your plan needs.
1https://www.investopedia.com/articles/personal-finance/090415/cost-raising-child-america.asp
Copyright FMG Suite. *Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Consumers Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
Learn more
Find out more about Investment Services at Consumers Credit Union, available through CUSO Financial Services, L.P.*, and meet our CFS Financial Advisors.