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Select appropriate investments for college savings plans


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Certain tax-deferred and non-tax-deferred higher education savings options require that the parent choose the investments made with the funds.

Counter to what many people think, the longer the time horizon for a goal, the higher the investment risk that can be accepted. So, just how much risk is appropriate for college savings?

The following resources may assist you in selecting appropriate investments for college savings plans:

Estimating How Much to Save Calculator

Basic Tips for Beginning Investors

Assessing Your Attitude Towards Risk

Asset Allocation and Diversification Explained

The Benefits of Long-term Investing

Dollar-cost Averaging In Mutual Funds

Why Life Insurance Is NOT the Way To Save for College


Having a Child Tasks

1. Protecting against risk
2. Updating your estate plan
3. Arranging child care
4. Revising your spending plan
5. Saving for your child’s education

Saving for your child’s education Subtasks

1. Determine the cost of higher education today
2. Estimate the cost of higher education in the future
3. Explore tax-deferred college savings plans
4. Select appropriate investments for college savings plans

Permanent link to this article: http://napfafoundation.org/financial-help/having-a-child/5-saving-for-your-childs-education/select-appropriate-investments-for-college-savings-plans/