At Prudent Financial Planning, we specialize in advising elite professionals to achieve their financial goals, tackle debt, and build to maintain their wealth. Explore our solutions below!
COLLEGE PLANNING
Do you know how much it will cost to put your kids through college? Do you know how much you need to have saved by now to help your kids afford college? We've got you covered. We offer proactive solutions to help you save ON the cost of college. First, we will analyze your financial information to estimate your Expected Family Contribution (EFC). Next, we will create College Reports to help you compare statistics such as 4 year graduation rates, Cost of Attendance (COA), and average amount of need met for each school. This will help estimate the amount of Financial Need you might expect to receive. Finally, we will compare the net cost of each school, make recommendations, and craft an informed student loan strategy.
We can also help you save FOR college. Ask us today about the differences between 529 Savings Plans and 529 Prepaid Plans. We can help you choose the right plan based on your needs and time horizon. We will help you develop an investment strategy best suited to fit your needs. Seven out of ten graduates have student loan debt and the average amount of debt is $37,000. That equates to a payment plan of $400/month for 10 years. Will your son/daughter be able to afford their loan payments when they graduate? We will determine a “Max Student Loan Amount” based on college major and career goals.
Save FOR College
First, we will help you save FOR college. Ask us today about the differences between 529 Savings Plans and 529 Prepaid Plans. We can help you choose the right plan based on your needs and time horizon. We will help you develop an investment strategy best suited to fit your needs.
Save ON College
Next, we will analyze your financial information to estimate your Expected Family Contribution (EFC). We will compare statistics such as 4 year graduation rates, Cost of Attendance (COA), and average amount of need met for each school of interest. Finally, we will compare the net cost of each school, make recommendations, and craft an informed student loan strategy.
Loan Strategy
Seven out of ten graduates have student loan debt and the average amount of debt is $32,000. That equates to a payment plan of $350/month for 10 years. Will your son/daughter be able to afford their loan payments when they graduate? We will determine a “Max Student Loan Amount” based on college major and career goals.