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Education Planning

An investment in the future. 

A child’s college education can be one of the most important investments you’ll ever make. With education costs rising faster than inflation, the financial burden can be significant, especially if you have more than one child. We help you clearly understand the many college savings options available and develop a savings plan that will help you meet your goals

Start saving now. Some parents don’t bother saving for college because they assume there will be plenty of financial aid when the time comes. Or they don’t save because they have other priorities. In either case, they risk taking on a hefty amount of debt to pay for college. That can be unfortunate, because the advantage to saving and investing is clear. With average college tuition rising at 5%+ per year, you’ll need a plan to get out in front of this..and we can help.

How much will it cost?

As you begin to consider a child’s college education, it’s important to gain an understanding of just how much college costs. No one can accurately predict what the price of college will be in 5, 10, 15, or 20 years. But it’s helpful to at least have a ballpark figure as you look to the future.

At the Gleason Group we can help. Together we run a current college analysis from any college in the country to help you clearly understand what your costs might be.

How will you pay for it?

For most people, financing a child’s college education involves a combination of loans, grants, scholarships, work-study programs, personal savings, and possibly gifts from others. Keep in mind that, although you likely won’t have to foot the entire bill yourself, a carefully considered savings plan is one of the best ways to help finance a child’s education. There’s a variety of options we’ll work through with you including:

  • Loans
  • Grans & scholarships
  • Work study programs
  • Personal savings
  • Contributions from family and friends
  • Other

What are your options?

Years ago practically the only way to save for college was to set aside money in a taxable savings or investment account. Today there is an assortment of college savings options to choose from. Many college savings options offer generous tax breaks, account flexibility, and other incentives. Some of the top choices include:

  • Education savings accounts
  • 529 college savings plans.
  • UGMA/UTMA accounts.
  • Traditional taxable savings
  • 529 prepaid tuition plans.
  • U.S. savings bonds.

what we do

At the Gleason Group, we help develop a clearly defined strategy and determine the best investment vehicle. We’ll select an investment mix that’s right for your situation and will help you develop a plan for adjusting your mix to reduce risk over time.

Unlike retirement horizons, your college savings horizon is short and fixed, because you’ll likely need to withdraw all the assets during the years the student attends college. We structure your investment mix among stocks, bonds, and short-term reserves based on the amount of time before you’ll need to start taking distributions and your personal investment temperament.

Life happens fast. What's your plan?