August is National Back To School Month. Education is important and going to college is an exciting new life chapter for kids. However, it can cause financial stress on families.
According to a Fidelity study, 72% of grandparents think it’s important to help contribute to their grandchildren’s college and about 53% said they are currently contributing or are planning to do so. My Forbes article outlines four ways that grandparents, if they desire, can contribute to their grandchildren’s education.
As always, access your market update below and have a wonderful rest of the week.
Joel Johnson, CFP ®
CEO and Managing Partner, Johnson Brunetti