 Exposing Your $100,000 College Funding Mistake Before Its Made I just concluded a phone conversation with a hardworking mom who did a good job saving for college and her child received a sizeable scholarship. One the surface, it appears that they are well prepared and paying for college will not be an issue. However, lurking in the background is a very serious problem. This issue is so critical that being unaware of its presence has caused catastrophic financial problems for millions of retirees. They, too, did a awesome job of saving for their children's college education but are now dependents of their children. Their college funding plan has turned into a college funding nightmare as the children are now faced with the daunting task of not only trying to build a new life for their young families but are also confronted with the reality that mom and dad cannot take care of themselves without their financial assistance. Over my 20+ years of experience, I have seen and heard hundreds of horror stories of how parents unknowingly transferred their financial security to the college's financial aid office to pay for their children's education because they did not know how to properly and efficiently prepare for both retirement and college without sacrificing one over the other. Are you making the same mistakes? Is your college funding strategy setting you up for bankruptcy and poverty in retirement? Are you toiling over whether or not you going to be able to retire safely and fund college? I have good news! You can beat the high cost of college! You can learn to use other people's money 1st. You can have your cake and eat more of it without the worry that most parents face. Consider these few ideas: - Learn what steps you should be following to minimize your college costs. - Do not use scholarship searching as the primary means of funding education. Most people who search for scholarships are sorely disappointed. - Never depend on one concept or strategy. Use a blended approach that maximizes every opportunity that is available to you. For more exciting answers to your college funding questions, you are welcomed to attend our complimentary teleconference this coming Monday at 7:30pm. We cover relevant topics regarding the college funding experience from a nontraditional perspective. We address the issues that no one else is talking about. Jeffrey Taylor is a Certified College Planning Specialist with over 20 years of experience as a financial professional. He shows parents how to fund their children's college education without raiding their retirment. Visit our site at www.tuitionreductionplan.com or call our office at 248-230-9668. |
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