When planning for your children's future,
we can help you make an educated decision.
The cost of tuition, rent, books and food can be as much as $9,000 per year or more! If you assume an annual inflation rate of 3 per cent, that means four years of university could cost about $70,000 in 18 years.
Governments are cutting money available for student loans and scholarships and competition for these programs is fierce. With this continuing trend, a post-secondary education will be accessible to very few.
Here's were we can help!
At GP Wealth Management our financial advisors can prepare an Educational Needs Analysis providing an estimate of the educational costs that your children will incur when they enter university, based on today's costs adjusted for interest and inflation. Your financial Advisor will determine the monthly deposit required to fund the amounts needed and how best to fund those deposits. Even if the children decide not to go to university, with a cash reserve available to them they will have an advantage in seeking employment, getting specialized training, buying a home or starting a business.
Will you have $70,000 to pay for a post-secondary education for your child? Make the smart decision and plan today!
- RESP Calculator
- Education Planning FAQs
- The advantage of starting today
- Get up to $500 per year in grants
Get independent thinking working for you!
We encourage you to get professional advice when planning your eduction funding. A GP Wealth Management Financial Advisor is qualified to help you make the right choices.
Click here and contact one of our financial advisors in your area to arrange a no-obligation meeting to discuss your education planning needs or to open an RESP Account, click here
Click here, To learn more about education planning at our LEARNING CENTRE SECTION.