Which family is yours?
This strategy isn’t for everyone. Three questions tell you where your family stands.
- 1How many years until the first tuition bill?
- 2Where would the money come from each year?
- 3What happens to the plan if life changes?
Who this fits, and who it doesn't.
Middle class, carrying debt, child under 8
Best fitThe money you now pay in interest on debt funds the policy instead.
High earner or business owner, child under 8
Best fitPut in a lot, borrow most of it back, and the full amount keeps growing. An oversized 529 can leave six figures stuck.
Comfortable saver in a 529-deduction state
Often both: a 529 up to your state’s tax break, and the policy for the rest.
Grandparent funding a grandchild
Either a 529 in your name, or a policy that still pays for school if you pass away first.
Paycheck to paycheck
Not yet. Start with grants, community college, and paying as you go. The free book shows how.
Child 11 or older
Too late for college, but the policy still works as a retirement plan. The free book covers the other ways to pay.
One for the working family. One for the high earner.
HFA for College
Most working families already pay enough interest on debt each month to fund this plan. It moves that money into a policy you own.
MCA for College
Put in a large amount each year and borrow most of it right back for your business. The full amount keeps growing.
What happens to each plan when life changes.
Every plan looks fine until something goes wrong. Here’s how each one holds up.
Start with the free book.
All four ways to pay for college, with the numbers, so you can decide what fits your family.