It's never too early to plan for your child's future.
When it comes to planning for your child's college education, time is your greatest ally. The more time you have, the more aggressively you can afford to invest to work toward reaching your goal. Whether it's a single sum or monthly installment, investing early allows you to reap the benefits of compounded earnings. Over time, compounded savings can potentially produce results. So in an ideal world, the best time to get started is even before your child is born!
If you do not have a plan, it's not too late to start! A college education is expensive, but when you have a good financial adviser and a smart strategy, it's not impossible. With a financial consultant, you'll be able to make a plan for college and keep your growth potential working as your child's college days approach.
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Regarding Northeast Insurances and Investments (IIS)
Northeast Credit Union and Northeast Investment and Insurance Services are not registered broker/dealers and may only discuss and/or transact securities business with residents of the following states: CO, FL, GA, IL, IN, ME, MD, MA, NH, NC, RI, SC, VA, VT, WV
Regarding Northeast Planning Associates (NPA)
Financial planning offered through Northeast Planning Associates, a registered investment adviser. The LPL Financial Registered Representatives at Northeast Planning Associates may only discuss and/or transact securities business with residents of the following states: CA, CO, CT, FL, GA, IL, MA, ME, NH, NJ, NY, PA, SC, TX, VA, VT, WI
Northeast Credit Union, Northeast Insurances and Investments, NPA, and LPL Financial are not affiliated.