If you can believe it, the time to start thinking about the 2019-2020 school year is now. The 2019 Free Application for Federal Student Aid (FAFSA) was released at the beginning of the month. Don’t waste time filling out the form, some student aid programs have limited funds available. The early bird gets the worm!

Hopefully, if paying for higher education is or was one of your financial goals, you started a 529 education plan along the way. There are a variety of programs out there to help you finance the cost but Vanguard discusses the importance of leveraging index funds in your college savings plan. With their low costs, diversification, and greater performance predictability, index funds are one of the most reliable ways to save for the future costs of education.

In our last newsletter, we highlighted Dimensional Fund Advisors’ The ABCs of Education Investing, a strong argument on why you should invest in assets that are expected to outpace inflation.

Hopefully, none of this information is new to you and you find yourself ahead of the savings game. If not, we should talk – give me a call, I’d be happy to give you a second opinion on your financial plan.