A Simple Guide to College Savings Plans

Among your best options for saving for your child's education are 529 plans, Coverdell ESAs and custodial accounts.

The grand estimated cost to send my hypothetical unborn child to my alma mater—the University of Arizona—in 18 years: $440,223! It's also close to the current median home price in San Diego.

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Taylor Schulte, CFP
Founder and CEO, Define Financial

Taylor Schulte, CFP®, is founder and CEO of Define Financial, a fee-only wealth management firm in San Diego. In addition, Schulte hosts The Stay Wealthy Retirement Podcast, teaching people how to reduce taxes, invest smarter, and make work optional. He has been recognized as a top 40 Under 40 adviser by InvestmentNews and one of the top 100 most influential advisers by Investopedia.