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re: New child financial plans
Posted on 3/25/17 at 10:27 pm to Big Chipper
Posted on 3/25/17 at 10:27 pm to Big Chipper
I agree. College tuition rise at about 6-7% per year. You are better off putting money that can be used in a combined way for education and your retirement.
I also would encourage you to do it tax efficiently.
You can overfund a cash value insurance policy and utilize the funds for education and retirement purposes without giving up opportunity costs....
Or you can try a Roth IRA for your kids. Just FYI
I also would encourage you to do it tax efficiently.
You can overfund a cash value insurance policy and utilize the funds for education and retirement purposes without giving up opportunity costs....
Or you can try a Roth IRA for your kids. Just FYI
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