How A Financial Advisor Can Help With College Planning
Do you have a child who is planning to go to college? Are you trying to save money for your child’s future college expenses? If so, then you should consider meeting with a college financial planner to come up with a college savings plan. Here is some information about how a financial advisor can assist you with college planning:
What Is A College Financial Planner?
College financial planners are financial advisors who specialize in consulting with parents who are looking to save money for their child’s future college expenses, as well as providing assistance when it comes to financial aid and other types of college-related saving and aid. Families oftentimes hire a financial advisor to give them advice on how they can save for their child’s college expenses and to help them navigate the confusing terrain of financial aid and college financial affairs.
How Can A Financial Planner Assist With College Planning?
Financial planners who specialize in college planning services can assist families when it comes to many things. Some of the things that a college financial planner can help you with include (but are not limited to):
College saving and investment strategies
Financial aid eligibility and applications
Providing information pertaining to grants, scholarships, merit-based financial aid, and loans
Sharing tax strategies that will allow you to save more money for college
Creating a monthly college savings plan
Income and asset management advice
For help with coming up with a college finance plan for your college-bound child, feel free to set up a meeting with a financial planner in order to discuss your options.
To learn more about our financial planning services, don’t hesitate to contact Michael Rebischke, your local financial advisor near Eagan MN, today.
I'm Michael Rebischke, and as a wealth advisor, my job is to help you manage your financial affairs, and put a plan in place so you can focus on enjoying the life you want to life. As life continues to evolve, the impact of every financial decision is greater than ever. I work together with my clients, providing them with easy-to-understand recommendations, and helping them implement them every step of the way.