Mindful Asset Planning
According to Fidelity’s annual College Savings Indicator study, about 69 percent of families say they’ve already started saving for college, up from 58 percent back in 2007. That’s a good thing, because Campus Consultants, Inc. estimates the average college tuition for public school 20 years from now to be close to $50,000 a year. For private school, it could be $85,000 a year.
A new UBS survey finds the majority of people worth between one and five million dollars don’t consider themselves wealthy.