#family-financial-planning

#family-financial-planning

College enrollment intentions increased to 72 percent among high school seniors in 2024, up from 63 percent in 2020, though families remain unprepared for education financing despite increased savings.

The son has been accepted to medical school and must decide on relocation and finances, with family support limited to undergraduate years.

Purchasing life insurance early keeps premiums lower, ensures stable long-term financial protection, supports family goals, and requires strict on-time payments.