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Saving for retirement and college at the same time is challenging for most families.
The cost of college represents a significant financial expense for many families, with private university annual costs now exceeding $70,000 in some cases. It is well-known that college tuition has increased at a significantly higher rate than general inflation.
Therefore, it’s important to plan and start saving early for the cost of higher education. You have a number of options to pay for college, and the sooner you start saving, the more money you may have when the time comes.
Oxford Harriman & Company can help you evaluate your college funding options, as well as develop and implement your college planning strategy.
Our college planning services include the following: