Jason & Mary, the Mature Family
50 & 50
Lower tax impact on their savings, cash flowing kid’s college, make sure they have enough to retire
Things weren’t slowing down for Jason and Mary. With their second child entering college and one more still at home they were trying to balance helping their children with school expenses and saving for their own retirement.
Jason had seen too many of his coworkers come out of an early retirement because they didn’t have enough put away. So, he was determined to have a plan going into his retirement. He was also aware that he would continue to pay taxes once he retired and was interested in exploring his options around planning for that in retirement.
Being proud parents, both Jason and Mary were happy to see their two eldest children get into high quality colleges and wanted to help them with school expenses as much as possible. Consequently, they had set aside some savings but were having to pay for much of their second child’s college expenses out of pocket.
Keeping both of their priorities of paying for their children’s college and saving for retirement in balance was proving difficult, which is why Jason and Mary reached out to us.