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v Details Client Information Lindsey (single mom w/ 2 kids) Age 36 Rob Age 11 Ann Age 4 *Both Rob and Ann will go to
v Details Client Information Lindsey (single mom w/ 2 kids) Age 36 Rob Age 11 Ann Age 4 *Both Rob and Ann will go to college at age 18 *Rob will go to a 4-year program; Ann will go to a 5-year program Current saving for Rob $ 45,000.00 Current saving for Ann $ 8,000.00 Current tuition (& fees) per year $ 30,000.00 Tuition (& fees) inflation 7.50% General inflation 2.50% Interest rate (for both Rob's and 13% Ann's 529 plans) Create an education saving plan for Lindsey's two kids using METHOD 2 (NPV). *Should calculate separately for the two kids. v Details Client Information Lindsey (single mom w/ 2 kids) Age 36 Rob Age 11 Ann Age 4 *Both Rob and Ann will go to college at age 18 *Rob will go to a 4-year program; Ann will go to a 5-year program Current saving for Rob $ 45,000.00 Current saving for Ann $ 8,000.00 Current tuition (& fees) per year $ 30,000.00 Tuition (& fees) inflation 7.50% General inflation 2.50% Interest rate (for both Rob's and 13% Ann's 529 plans) Create an education saving plan for Lindsey's two kids using METHOD 2 (NPV). *Should calculate separately for the two kids
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