Family Planning

Planning for the future is the most essential thing you can do as a young adult. Whether you want to save for your child’s college or your first home, mapping out your financial journey is the first step in doing just that. Here at the Embrescia Wealth Management Group we have a vast amount of experience in helping young adults plan for their future. We can help plan for certain milestones in your families lives such as:

Baby Planning

Having a child has an expensive impact on your family both financially and mentally. You can start planning sooner to ensure that you can handle the unknown expenses of a child. We use a variety of strategies to help you save using budgets, individual/joint accounts, and many other tools. But before you plan for your baby, ask yourself a few questions:

  • How many kids do I (or) we want?

  • How much will it cost daily, monthly, yearly?

  • How much do I need to save before having children? 

  • When the baby is here, do I have enough insurance to ensure safety?

 

Saving for College

Saving for College is another large expense when having children. With rising costs for College and multiple routes to save for it, we can help you decipher which plan is best for you and your child/children. We have many years of experience working with college saving plans that will ensure that you save enough to let your children live the college experience without the headache of student loans. A list of college saving tools are listed below:

  • 529 College Saving Plan

  • Coverdell ESA

  • UTMA/UGMA

  • Life Insurance

 

Young Adults

As your children grow, they become more independent and start experiencing life on their own. As they succeed in their careers and perhaps receive an inheritance, they will need help sooner than later when it comes to financial planning. We want to extend our services to your younger generation to help them in their success throughout life. Ask yourself,

  • Financially, are my children being properly serviced?

  • Do they know how to handle their own finances? 

  • Would they benefit from meeting with the Embrescia Wealth Management Group?

 

Here at the Embrescia Wealth Management Group, every single client is our family member, so when we plan for your future, we are also planning for ours. With our help, we can accomplish all your family goals.

Schedule a free consultation