Life Events

College Education Planning

Whether they want to be an astronaut, a doctor or a lawyer, parents are always encouraging their kids to reach for the stars and aspire to be all they can be. Wouldn't it be great if parents could actually help make their child's dreams come true? It's possible, but not always easy.

As college tuition continues to rise, parents are concerned about the cost of higher education and how they are going to pay for it. That's why parents need to plan ahead for their child's future. After all, kids grow up fast. One day they're learning the ABC's and, in a blink of an eye, they're packing up for college.

Ensuring that your child gets the best possible education can be vital for their success in life. However, you don't have to sacrifice your retirement in order to put your child through college. Many parents find themselves having to choose between their child's education and their financial freedom. The truth is, your children have more sources to finance for college than you do for your golden years. The key is to find the right investment strategy that will suit all your family's needs.

At PNWFCU, we are here to answer all your questions and give you an honest assessment of your options. While there are many ways to pay for college, a solid college savings plan may be the best choice for you. Through CFS*, we provide both the 529 Savings Plan and the Coverdell Education Savings Plan. Our CFS* Financial Advisor, James Hull, can help you identify your specific goals, your risk tolerance level and your time frame. Once these areas have been identified, James will work with you to develop the right plan for your child's future.

James Hull, AWMA®, CRPC®
CUSO Financial Services, L.P

Portland 503.258.2658
Outside local calling areas
1.800.444.5858 x2658
jamesh@pnwfcu.org