Education Planning

Will your children be able to afford a post-secondary education?

Your children will need high levels of training and education to secure employment in a world that is becoming increasingly competitive and technology driven.  Obtaining a post-secondary education to meet these demands is also becoming more expensive and governments continue to cut spending to reduce deficits and balance budgets.

The current cost of four years of post-secondary education is about $53,081.

In 18 years, this will rise to $107,532 if education costs increase by 4% per year and to $225,081 if costs increase by 8% per year.

Don’t delay and begin planning for your children’s future today.

How can I start saving for my children’s education?

There are a number of investment options available to make saving for education as easy as possible. Any one of these options — or a combination — might be the right solution for you. Your investment professional can help you determine what will work best for your situation.

• In Trust For Accounts
• Financial Institution RESPs
• Scholarship Trust RESPs

For more information, contact:

Scott Smith, CFP at 306-228-4515 Ext. 231 or email scott.smith@unity.cu.sk.ca

Or

Credential Financial Strategies Inc.

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