The gift of education at any stage of life, whether for a loved one or for yourself, is like no other. The reasons for college are clear, but finding a way to pay for it may not be. However, starting early with an effective savings strategy can make the opportunity of college a reality.

With the escalating cost of higher education, it takes careful planning and support to be able to send your children to the college of their choice. In fact, paying your child’s post-secondary education tuition costs may have been one of the highest expenses of your lifetime. And now, as a grandparent, you may have sufficient retirement funding to consider assisting with a grandchild’s education.