July—Financial Planning Tools


Family Financial Planning

Chances are, if you have younger children, you haven’t yet begun to plan for college expenses. But now is the best time to start, and there is a product that, if used wisely, can offer immense financial assistance when your children are ready to enroll in college.
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College May Be in The Future But Preparation Begins Today


The rising cost of sending children or grandchildren to college gives the expression “higher education expenses” new meaning. According to a 2003–2004 College Board study, the average cost of a year at a four-year public college was more than $13,000 and more than $29,000 at a private school. These costs include tuition, room and board, books, supplies, transportation and other expenses. Education costs continue to climb faster than the cost of living. Even with scholarships, financial aid and student loans, paying for college may result in financial strain, with debt lasting years beyond graduation. That's why it’s important to start preparing for your children’s future today.

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Financial Planning Resources


Check the following Web sites and books for information about college planning, financial aid and scholarships.
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Get the Retirement Planning Help You Need


The need for a well-grounded retirement plan has never been greater. Workers today must prepare for a retirement that may last for decades, not just years. This means there will be more years of retirement living to pay for and rising living costs to watch out for. Good planning is a must. Most people think creating a retirement plan is a difficult undertaking. And it can be—especially when you try to do it alone. But the good news is that there is plenty of help available.
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Risky Business Cartoon


"I hear Fred's working three jobs to get his kids through college. Sure is a sound sleeper isn't he?"