Redstone Federal Credit Union

6 | r e d f c u.o r g R E D S T O N E B R O K E R A G E S E RV I C E S Families often debate whether to save for their children's college education or make retirement savings their priority. Many financial experts recommend saving for both while prioritizing retirement. Giving your children a role in paying for their education teaches them independence and financial responsibility. Consider these points when making your decision: Limited options and longer years. Scholarships, grants, loans, and work-study can help pay for college, but there are fewer options for funding retirement. College may be four years, but retirement may last 20-plus. You should plan for short- and long-term goals. You don't want to burden your adult children. If you delay contributing to a retirement fund, you could run out of Lara Burgess, LPL Financial Advisor Ser ving Wynn Drive, Mills Road, and Redstone Arsenal branches Allison Davidson, LPL Financia l Adv isor Ser ving Twickenham branch Tony Brewer, LPL Financial Advisor Ser ving South Parkway, Big Cove, and Guntersville branches Josh Daily, LPL Financial Advisor Ser ving Madison, Highway 72, County Line, and Athens branches Caroline Gabig, LPL Financial Advisor Ser ving Weatherly, Hobbs, and Arab branches Avery Jacobs, Financial Consultant Ser ving Highway 53, Meridianville, and Winchester Road branches Paul Johnson, LPL Financia l Adv isor Ser ving North Parkway, Scottsboro, Fayetteville, and Murfreesboro branches Chad Shull, LPL Financial Advisor Ser ving 6th Avenue, Beltline, Hartselle, and East Athens branches Redstone Brokerage Services advisors and consultants are ready to serve you: Save for College or Retirement? Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Redstone Federal Credit Union ® (RFCU ® ) and Redstone Brokerage Services (RBS) are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Redstone Brokerage Services, and may also be employees of RFCU ® . These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, RFCU ® or RBS. Securities and insurance offered through LPL or its affiliates are: money later in life. Relying on your adult children to help could jeopardize their independence and financial welfare. Your kids can help pay for college and keep down debt. College is expensive. You may want to tell your children that you've saved a certain amount of money for college, but you expect them to also be involved in paying for it. You can save on the cost of earning a degree. Students can start at a community college before transferring to a more expensive university. Also, an in-state school is usually more affordable than one out of state. You can do both! Ultimately, you decide what's best for your family. Saving strategically for your future – and your children's – requires careful planning. Talk to your financial advisor about retirement funding and education savings accounts. Contact Redstone Brokerage Services at 256-722-8351 for a complimentary consultation. Not Insured by NCUA or Any Other Government Agency Not Credit Union Guaranteed Not Credit Union Deposits or Obligations May Lose Value

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