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College FundingImagine your child coming to you with an acceptance letter from "the" college. The one he’s been dreaming of all through high school.  Only one thing could make you prouder – knowing that you have done your homework, too. That no matter where your child is accepted or what financial aid is offered, you have the resources to afford the college of choice.

Numerous surveys and studies have been published describing how parents prepare for future college costs. You probably don’t need a survey to tell you what you already know:

  • Kids grow too fast.
  • College is expensive.
  • The time to start saving and planning is now.

Your child’s college tuition could be one of the largest expenditures you ever make. And, if you have more than one child, the financial commitment is even greater. The financial challenge you face is shared by millions of others.

Fortunately, American families with a desire to save for future college expenses now have more options than ever before. Traditional investment options—savings accounts, taxable investment accounts, cash value life insurance, annuities, and U.S. Savings Bonds—are now joined by powerful new investment vehicles including Section 529 college savings programs and Coverdell education savings accounts.

Our advisors at Foothill Family Financial will help you gain a basic understanding of your options so that you can maximize the return on every dollar you set aside for a child’s future. Remember, even if your goal seems overwhelming now, the proper planning and saving can put the cost of any college within your reach.

 

Contact Foothill Family Financial Find Out More!

Foothill Family Financial can help insure that you are financially prepared when your kids are ready for college. Each and every adviser is an expert in their field and is dedicated to a specific area of coverage.

Contact Foothill Family Financial to talk to a qualified financial adviser today.

 

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Newsflash

LIFE INSURANCE RATES CONTINUE TO DECLINE

With life insurance rates going down and life expectancy going up, now is the ideal time to reevaluate your life insurance needs, according to the Insurance Information Institute (I.I.I.). “We foresee a continued downward trend in life insurance premiums, which began a little more than 10 years ago,” said I.I.I. vice president and chief economist Dr. Steven Weisbart.