Save Thousands on Your Private K - 12 and College Costs
...and Increase and Protect Your Wealth for Retirement
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We help parents with young children plan ahead for the ever increasing cost of college without impacting their current financial lifestyle. Because we know that time passes at the speed of life, we help parents and their students that are in "crunch time"...freshman thru senior, reduce the cost of college NOW and get into the right college and graduate on time and on budget!
"If you want to work with someone that cares about your success and is good at what they do, than please get in touch with us."
Dear Parent,
Do you have college bound students?
Today's cost of higher education is daunting and increasing yearly at a rate of 7% - 11%. Parents now must decide between providing their children with the best possible education, the cost of the educational institution and the negative impact it could have on their future wealth for retirement.
As a result, they are desperate to find a solution for the dilemma of saving and paying for college without changing their current lifestyle or negatively impacting their future retirement dreams.
You may know some of these people.
And, my guess is...maybe you are one of them.
Many high schools across the nation have made a valiant effort in providing families with information about financial aid for college. Unfortunately, this information comes too late in the planning process and most parents don't realize that the best method to use is proper tax and holistic financial planning strategies...not financial aid.
Consider the following facts regarding the components of financial aid that is offered today:
• Federal Pell Grants - 6 billion dollars
• Federal Direct Loan Programs - 2 billion dollars
• Federal Campus-Based Aid - 2 billion dollars
• Federal Stafford and PLUS - 23 billion dollars
• Other Federal - 2 billion dollars
• State Grants - 3 billion dollars
• School & Other - 9 billion dollars
As you can see, over half of all financial aid is given out in the form of Federal loans.
A Future Incarceration of Debt
Students often create a tremendous debt burden to obtain a cherished degree. We are now witnessing a generation that starts their financial future with as much as $100,000 of debt before they get married and purchase their first house!
Not only are students starting life out in massive debt...
The problem is that even if the students do qualify for financial aid much of it will be in the form of student loans. The parents must also pay the difference between the cost of college and the financial aid awarded, which can still seem insurmountable, especially if they have more than one child to educate. Furthermore, the students may not even qualify for financial aid.
However, this is only the beginning of the problems that many families face when it comes to their own personal finances. Many families carry large amounts of credit card debt, have limited skills in cash flow management and do not have adequate emergency savings. This all compounds the difficulty of affording the high cost of college and accumulating enough wealth for retirement.
Let's consider the following scenario of what a typical family might experience regarding college and retirement costs:
• The parents are age 43.
• They want to retire at age 65.
• They have three children - ages 15, 10 and 5.
• They want to send their kids to a private college that costs $27,677 per year.
• They also want to fund their children's education at 100%.
We will use the following variables for our typical family.
• Annual college inflation rate of 8%.
• Annual rate-of-return on savings of 6%.
Let's now look at the cost of educating the children and the impact on future wealth it would have:
• Child #1 college costs are $204,539.
• Child #2 college costs are $300,535.
• Child #3 college costs are $441,585.
• Total college costs are $946,659...not to mention the after-tax
income required to generate this amount!
It unfortunately doesn't stop here. The $946,659 cost of college would have a future value and "Lost Opportunity Cost" of $1,527,680 at your age 65, or about $76,000 of retirement income just for sending your kids to college!!
Ask yourself the following important questions...
How will the high cost of educating my children affect my
retirement goals?
How old will I be when my youngest graduates college?
These are questions that stifle most college-bound families today!
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...if you are ready to save thousands on your private K-12 and college costs and increase and protect your wealth for retirement...than sign-up NOW to view our FREE Preview webinar to find out how!!!
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The College Solution Program
College costs are paid with after-tax dollars; therefore, the TRUE COST of education for you the parent is considerably more than the college's advertised sticker price. If you are in the highest tax bracket you may pay out as much as 50% of your paycheck to the tax authorities in federal, state and social security taxes.
Therefore, you would have to earn $100,000 in order to pay a $50,000 college bill. As a result, proper tax and holistic financial planning strategies could dramatically increase your family's cash flow, allowing you the opportunity to fund college and retirement at the same time with little to no impact on your current lifestyle.
Consider the following considerable cash flow savings that families just like you are experiencing by implementing the proper tax and holistic financial planning strategies:
• Get an extra $2,000 in Hope and Lifetime Learning tax credits from the IRS,
without attending an additional year in college
• A hidden tax strategy that can save a small business owner over $10,000 in
college expenses
• A Strategy that can save a farmer enough taxes to pay the entire cost of a
student's public university education!
• How to use your home to fund college expenses, pay off the mortgage early,
and put money away for retirement too
• How high income families can use a strategy called tax-capacity to get the
IRS to fund both private high school and college expenses
• How to combine the 529 plan, the Roth IRA and a Coverdell Education
Savings Account into the ultimate college and retirement savings fund for
young families
• And much more...
Can We Help You?
Well, that is tough to say without really knowing you and your specific situation. What I can say though is this, our program is designed for:
• Families (including grandparents) with high school students
• Families (including grandparents) with younger children
• Special financial strategies for executives and business owners
There are three components to our approach...Education, Analysis and Implementation.
Education - We provide on-location workshops, personal consultations, teleconferences and web-based meetings to educate families about the various strategies available to make elementary and secondary school and college education more affordable.
Analysis - We provide families with a step-by-step blueprint on how to reduce the cost of college based on their particular financial circumstances.
Implementation - With hands-on personal advice and consultation (both live and web-based) to set up an attainable plan, implement it, and monitor its progress to completion.
The final goal is to determine the most cost-efficient method to make private school and college more affordable and to help students graduate with a degree, on time and on budget; WITHOUT jeopardizing your retirement goals.
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...if you are ready to save thousands on your private K-12 and college costs and increase and protect your wealth for retirement...than sign-up NOW to view our FREE Preview webinar to find out how!!!
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So Who Are We?
For starters, we are not some sort of get-rich quick scheme type of business. We are a full service financial firm that is highly trained in helping families in the arena of holistic strategic financial planning with a specialty in advanced college financial planning strategies.
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Hi, I'm Robert Shampine, President, Certified College Planning
Specialist, and Financial Strategist of Innovative Wealth Strategies,
LLC and Collegiate Advising Group, LLC. I have been recognized
as a local expert when it comes to solving the dilemma that families
face in regard to saving and paying for college without going into
massive debt or ruining their retirement dreams. I am active in my
community in numerous capacities and I love doing what I do for a
living! I look forward to helping you...save thousands of dollars on
your college costs and increasing and protecting your wealth for
retirement.
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So How Do You Get Started?
We are financial consultants and our mission as a firm is to help as many families as possible save thousands of dollars on their college costs and increase and protect their wealth for retirement.
The vast majority of people that we help either contact us to schedule a FREE "initial consultation" where we explore working together and determine if we can help you; there is no charge for this initial meeting, they view our FREE Preview webinar, they request our report, "153 College Cost Cutting Strategies", or they continue browsing our site.
....sign-up to view our FREE Preview Webinar NOW while it is
fresh on your mind!!
People generally come to us via recommendations from advisers they trust, friends, family, business associates, community awareness outreach initiatives, the Internet, workshops, seminars, articles, interviews, etc.
So What Are We Offering?
Simply this...a non-threatening opportunity to help you solve some of your most challenging problems.
If you have children in high school right now as you are reading this, you are no doubt familiar with the stress that goes along with preparing for the upcoming college years; the forms, the endless amounts of information to sift through, academic concerns, college visitations, preparing your financial information, teenagers and on-and-on the list goes!
If you have younger children in K-12 public or private school and are not in "crisis-mode", please don't be lured into believing that you have plenty of time. The fact of the matter is that most families find themselves working harder and harder just to keep pace with the high cost of living and rarely have enough money to set aside to make a real impact.
Don't worry...we help families just like you with cash flow management strategies that typically increase families monthly income by $200 or more that you can use for college savings, retirement, braces, vacations, etc.
Our goal is to work with you and to help make this a much less stressful experience and to get things done right the first time, so that you can save money on your college costs and increase wealth for your retirement in the process.
Please don't put this off any longer...sign-up to view our FREE Preview webinar NOW to learn more about how you can save thousands of dollars on your college costs, increase your monthly cash flow and increase wealth for your retirement!!
We are looking forward to meeting with you in the near future.
Best wishes,
Robert R. Shampine, Jr.
Robert R. Shampine, Jr., CCPS
Certified College Planning Specialist
President, Financial Strategist
Innovative Wealth Strategies, LLC
6001 North Adams, Suite 250
Bloomfield Hills, MI 48304
(248) 391-8399
(866) 309-7622
P.S. If you have a student in high school you can't afford to wait any longer...it's costing you thousands of dollars!! Sign-up NOW to view our FREE Preview Webinar, or contact us today at (248) 391-8399.
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