Stock Market Crash Devastates Education Investment Accounts

The devastation of financial markets in the fourth quarter of 2008 has had a detrimental impact on education savings for many Americans. The Press is reporting that many education accounts have been reduced by as much as 50%. Clearly this threatens the academic future of many young Americans. Chartered Financial Services, Inc. understands your education-related challenges and concerns.  We are ready to help you sort out what to do next.

Our Three-Stage Education Investment Planning Process

We offer a series of education funding alternatives to assist parents, grandparents, and interested parties.  Whether you are looking for a 529 plan or a different approach to investing for children's education, we provide specially focused services to assist you.  Our Education Planning approach involves a three-stage process. First, we establish cash flow budgets for periodic contributions in order to determine how much money needs to be saved for college or private school. Second, we help you select appropriate investments that can meet the needs of and education fund. Third, we consider the alternative types of accounts that can provide certain tax advantages and offer the right features to complement your education investing strategy.

As is the case with all investment strategies, we recommend that investments for education be reviewed on a consistent basis to assure conformity to portfolio management objectives.