November 2020
College & Tax Planning
College costs are increasing at about twice the rate of inflation each year and have averaged between 6-7% for several decades. At Copperwynd we use a College Cost Calculator that is designed to help you estimate how much college may cost when your student is ready to enroll.
It will take into account, the age of the child, where they want to attend, and about how much you can expect the final result to be.
This sort of information can be invaluable as you try to navigate saving for your student’s future, and save for your own retirement. A constant tug of war for many families. So if you would like to see the impact not only what college costs will look like in the future, but how they will play into your own long term retirement plan, give us a call at the office to receive that specialized report!
If you have questions, please contact us.
MARKET UPDATE
FINANCIAL PLANNING
401(k) ALLOCATION
GRAPHIC OF THE MONTH
To download the November 2020 Newsletter: CLICK HERE
Ready to map your financial path? CONTACT US