[lookout123]

funding college for the kids is a noble and worthwhile enterprise.


yes, there is a BUT.

1) if you don't have your retirement funds FULLY in line to achieve your goals you shouldn't even think about college. no one will approach you on retirement day and say, "you've worked hard here's a grant, scholarship, loan..."

2) money needs time to work. make sure you have enough time to allow $$ to do it's job.

3) although i do work with college funds i advise parents funding the entire education because i believe there is value in making the kids work for it. even for my wealthiest clients i advise that they make their kids figure out how to pay for college on their own, and then if they are so inclined step in after graduation to pay the bills off if they want. that is just me, though. i don't believe a college education is a right just because mom and dad know how to save.

if you don't have a trusted advisor already, and don't want to be tw, i suggest you find someone to sit with before you make any decisions. if you want i can give you some hints on where to start and how to pick a good one.