60s & Beyond Risk: College Savings
With the cost of tuition rising 5% per year on average, the cost of tuition at a four-year in-state college will be $12,387/year versus $7,605/year in 2010 (www.collegeboard.com). This can be very daunting for those parents who want to help fund their children’s future education. However, college savings plans have been a great help to many families who would like to help in the future education of their children.
- Calculator: How much do I need to save for college?
Investment products: Not FDIC Insured - No Bank Guarantee - May Lose Value.