The importance of "self-perform" College Fund Program

June is a month filled with planks flight mortar graduations, large slices of cake graduation , toast to a job well done. But behind the celebration is a serious issue for those children whose college graduation is in the distant future :? Do you have a college fund program "self-fulfilling "

the actual total cost of four years of college education (ie, tuition, fees, room and board) at an average age in the State University for 1979-1983 years was $ 10,945. the total actual cost of that college education for the 09-13 year was $ 66,370. Thus, the cost of obtaining a four year degree rose to 6.19% per year over the last 30 years.

This means that your baby will need almost $ 260,000 to complete a public four-year college when she starts in 18 years. How much have you saved for his college fund? How much will you save for her college fund?

If you earn 5% per year on your investments, you will need to save $ 739 per month to reach your goal, but if something happens to you along the way? Do you have an auto-complete college fund program? Did you know that you could buy $ 250,000 of the level term life insurance policy 20 years to less than $ 20 a month?

A permanent life insurance policy with a death benefit beyond 100 years is about $ 100 a month, and unlike term insurance, 20 per year, the amount of the premium paid and the redemption value are the same, which means that in the year 20, if you need more or want politics, you can cash in with a full refund of your premiums or continue to pay the premiums, keep the benefit of the death and more cash value for future use.

These are only two options for you to consider. There are many others that your agent or financial advisor can offer you. Call them today for more information.