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Alkuansinta alkocoko
As the most densely populated city in central Indonesia, Makassar offers a diverse array of captivating destinations for travelers. The strategic coastal position of Makassar makes it an important transit port for long-distance ships, serving routes from Surabaya to Papua. This strategic role is not new—since colonial times, Makassar has been a vital naval center, as evidenced by the magnificent presence of Fort Rotterdam.
The Rich History of Fort Rotterdam
Fort Rotterdam was first constructed in 1545 by the 9th King of Gowa, Daeng Matanre Karaeng Tumapa'risi' Kallonna. Originally named Fort Ujung Pandang, this fortress was later surrendered to the Dutch VOC under the Treaty of Bungaya in 1667.
The fort's architecture is truly impressive, featuring six sturdy bastions surrounded by seven-meter-high walls and a two-meter-deep moat as a defense system. During its golden era, this fortress served as the central collection point for spices from across the Indonesian archipelago before being traded to European markets, making it one of the most important economic hubs in Southeast Asia.
Transformation into an Educational Museum
Today, Fort Rotterdam has transformed into an educational museum that can be visited free of charge by all Indonesian citizens. The fortress atmosphere successfully maintains its classic ambiance, transporting visitors back to the colonial era.
Within the fort complex, invaluable historical artifacts are housed and can be enjoyed by visitors of all ages, from children to adults. This place serves as the perfect educational venue for understanding Indonesia's historical journey, particularly in the South Sulawesi region.
The museum showcases various collections that tell the story of Makassar's maritime heritage, colonial influences, and the rich cultural tapestry of the Bugis-Makassar people. Interactive displays and well-preserved artifacts provide visitors with an immersive learning experience about Indonesia's colonial past and its impact on modern society.
A Photography Paradise with Classic Vibes
For photography enthusiasts, Fort Rotterdam offers an extraordinary location with stunning classic and aesthetic appeal. Various corners of the fort provide Instagram-worthy backdrops, creating the sensation of traveling back in time.
You can pose freely and capture as many moments as desired at the numerous attractive spots available. The well-preserved colonial architecture provides the perfect backdrop for character-rich photo collections. The interplay of ancient stone walls, vintage cannons, and tropical vegetation creates a unique visual narrative that tells stories of centuries past.
Whether you're interested in architectural photography, portrait sessions, or simply capturing memories with friends and family, Fort Rotterdam's diverse settings offer endless creative possibilities. Don't forget to share your best shots on your favorite social media platforms!
Practical Information for Visitors
Opening Hours: Daily from 8:00 AM to 6:00 PM
Admission: Free for Indonesian citizens
Location: Jl. Ujung Pandang, Bulo Gading, Makassar
Best Time to Visit: Early morning or late afternoon for optimal lighting and cooler temperatures
The fort is easily accessible by public transportation, private vehicles, or ride-sharing services. Parking facilities are available on-site, and the location is within walking distance of other Makassar attractions, making it convenient to include in your city tour itinerary.
A Living Testament to History
Fort Rotterdam is more than just an ordinary tourist destination—it stands as a silent witness to historical journeys that connect the past with the present. The combination of educational value, architectural beauty, and captivating photography experiences makes this place a must-visit when in Makassar.
The fortress represents the complex layers of Indonesian history, from the powerful Gowa Kingdom to Dutch colonial rule, and finally to Indonesia's independence. Walking through its corridors and chambers, visitors can almost hear the echoes of historical events that shaped not only Makassar but the entire Indonesian archipelago.
For history buffs, culture enthusiasts, and casual travelers alike, Fort Rotterdam offers a unique window into Indonesia's rich maritime heritage and colonial past, making it an essential stop on any Makassar adventure.
Have you had any interesting experiences while visiting Fort Rotterdam? Or do you have questions about this historical destination? Please share in the comments section below. Thank you for reading!
The Rich History of Fort Rotterdam
Fort Rotterdam was first constructed in 1545 by the 9th King of Gowa, Daeng Matanre Karaeng Tumapa'risi' Kallonna. Originally named Fort Ujung Pandang, this fortress was later surrendered to the Dutch VOC under the Treaty of Bungaya in 1667.
The fort's architecture is truly impressive, featuring six sturdy bastions surrounded by seven-meter-high walls and a two-meter-deep moat as a defense system. During its golden era, this fortress served as the central collection point for spices from across the Indonesian archipelago before being traded to European markets, making it one of the most important economic hubs in Southeast Asia.
Transformation into an Educational Museum
Today, Fort Rotterdam has transformed into an educational museum that can be visited free of charge by all Indonesian citizens. The fortress atmosphere successfully maintains its classic ambiance, transporting visitors back to the colonial era.
Within the fort complex, invaluable historical artifacts are housed and can be enjoyed by visitors of all ages, from children to adults. This place serves as the perfect educational venue for understanding Indonesia's historical journey, particularly in the South Sulawesi region.
The museum showcases various collections that tell the story of Makassar's maritime heritage, colonial influences, and the rich cultural tapestry of the Bugis-Makassar people. Interactive displays and well-preserved artifacts provide visitors with an immersive learning experience about Indonesia's colonial past and its impact on modern society.
A Photography Paradise with Classic Vibes
For photography enthusiasts, Fort Rotterdam offers an extraordinary location with stunning classic and aesthetic appeal. Various corners of the fort provide Instagram-worthy backdrops, creating the sensation of traveling back in time.
You can pose freely and capture as many moments as desired at the numerous attractive spots available. The well-preserved colonial architecture provides the perfect backdrop for character-rich photo collections. The interplay of ancient stone walls, vintage cannons, and tropical vegetation creates a unique visual narrative that tells stories of centuries past.
Whether you're interested in architectural photography, portrait sessions, or simply capturing memories with friends and family, Fort Rotterdam's diverse settings offer endless creative possibilities. Don't forget to share your best shots on your favorite social media platforms!
Practical Information for Visitors
Opening Hours: Daily from 8:00 AM to 6:00 PM
Admission: Free for Indonesian citizens
Location: Jl. Ujung Pandang, Bulo Gading, Makassar
Best Time to Visit: Early morning or late afternoon for optimal lighting and cooler temperatures
The fort is easily accessible by public transportation, private vehicles, or ride-sharing services. Parking facilities are available on-site, and the location is within walking distance of other Makassar attractions, making it convenient to include in your city tour itinerary.
A Living Testament to History
Fort Rotterdam is more than just an ordinary tourist destination—it stands as a silent witness to historical journeys that connect the past with the present. The combination of educational value, architectural beauty, and captivating photography experiences makes this place a must-visit when in Makassar.
The fortress represents the complex layers of Indonesian history, from the powerful Gowa Kingdom to Dutch colonial rule, and finally to Indonesia's independence. Walking through its corridors and chambers, visitors can almost hear the echoes of historical events that shaped not only Makassar but the entire Indonesian archipelago.
For history buffs, culture enthusiasts, and casual travelers alike, Fort Rotterdam offers a unique window into Indonesia's rich maritime heritage and colonial past, making it an essential stop on any Makassar adventure.
Have you had any interesting experiences while visiting Fort Rotterdam? Or do you have questions about this historical destination? Please share in the comments section below. Thank you for reading!
As the most densely populated city in central Indonesia, Makassar offers a diverse array of captivating destinations for travelers. The strategic coastal position of Makassar makes it an important transit port for long-distance ships, serving routes from Surabaya to Papua. This strategic role is not new—since colonial times, Makassar has been a vital naval center, as evidenced by the magnificent presence of Fort Rotterdam.<br /><br />The Rich History of Fort Rotterdam<br />Fort Rotterdam was first constructed in 1545 by the 9th King of Gowa, Daeng Matanre Karaeng Tumapa'risi' Kallonna. Originally named Fort Ujung Pandang, this fortress was later surrendered to the Dutch VOC under the Treaty of Bungaya in 1667.<br />The fort's architecture is truly impressive, featuring six sturdy bastions surrounded by seven-meter-high walls and a two-meter-deep moat as a defense system. During its golden era, this fortress served as the central collection point for spices from across the Indonesian archipelago before being traded to European markets, making it one of the most important economic hubs in Southeast Asia.<br /><br />Transformation into an Educational Museum<br />Today, Fort Rotterdam has transformed into an educational museum that can be visited free of charge by all Indonesian citizens. The fortress atmosphere successfully maintains its classic ambiance, transporting visitors back to the colonial era.<br /><br />Within the fort complex, invaluable historical artifacts are housed and can be enjoyed by visitors of all ages, from children to adults. This place serves as the perfect educational venue for understanding Indonesia's historical journey, particularly in the South Sulawesi region.<br /><br />The museum showcases various collections that tell the story of Makassar's maritime heritage, colonial influences, and the rich cultural tapestry of the Bugis-Makassar people. Interactive displays and well-preserved artifacts provide visitors with an immersive learning experience about Indonesia's colonial past and its impact on modern society.<br /><br />A Photography Paradise with Classic Vibes<br />For photography enthusiasts, Fort Rotterdam offers an extraordinary location with stunning classic and aesthetic appeal. Various corners of the fort provide Instagram-worthy backdrops, creating the sensation of traveling back in time.<br /><br />You can pose freely and capture as many moments as desired at the numerous attractive spots available. The well-preserved colonial architecture provides the perfect backdrop for character-rich photo collections. The interplay of ancient stone walls, vintage cannons, and tropical vegetation creates a unique visual narrative that tells stories of centuries past.<br /><br />Whether you're interested in architectural photography, portrait sessions, or simply capturing memories with friends and family, Fort Rotterdam's diverse settings offer endless creative possibilities. Don't forget to share your best shots on your favorite social media platforms!<br /><br />Practical Information for Visitors<br />Opening Hours: Daily from 8:00 AM to 6:00 PM<br />Admission: Free for Indonesian citizens<br />Location: Jl. Ujung Pandang, Bulo Gading, Makassar<br />Best Time to Visit: Early morning or late afternoon for optimal lighting and cooler temperatures<br />The fort is easily accessible by public transportation, private vehicles, or ride-sharing services. Parking facilities are available on-site, and the location is within walking distance of other Makassar attractions, making it convenient to include in your city tour itinerary.<br /><br />A Living Testament to History<br />Fort Rotterdam is more than just an ordinary tourist destination—it stands as a silent witness to historical journeys that connect the past with the present. The combination of educational value, architectural beauty, and captivating photography experiences makes this place a must-visit when in Makassar.<br />The fortress represents the complex layers of Indonesian history, from the powerful Gowa Kingdom to Dutch colonial rule, and finally to Indonesia's independence. Walking through its corridors and chambers, visitors can almost hear the echoes of historical events that shaped not only Makassar but the entire Indonesian archipelago.<br />For history buffs, culture enthusiasts, and casual travelers alike, Fort Rotterdam offers a unique window into Indonesia's rich maritime heritage and colonial past, making it an essential stop on any Makassar adventure.<br /><br /><br />Have you had any interesting experiences while visiting Fort Rotterdam? Or do you have questions about this historical destination? Please share in the comments section below. Thank you for reading!<br />
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Millie Millie_Zemlak
(NewsUSA) - Summertime. It's the time of year to put your feet up, relax and have a little fun. So, why not make it a little safer for the whole family?
The following tips can help keep everyone healthy and injury-free -- and, with any luck, away from the doctor's office:
* Handle vacation baggage with caution. Be careful handling your luggage. There were more than 75,500 luggage-related injuries in 2013 alone. To avoid luggage-related injury and pain, keep your body straight when lifting and carrying luggage -- do not twist. Instead, point your toes in the direction you are headed, and then turn your entire body in that direction. Also, only use luggage that is sturdy and light weight with wheels and a handle.
* Dive into summer safety. Diving and swimming is a popular summer activity for many families and their children, but it does carry some risk.
"Swimming and diving injuries are most common among children, 17 or younger," says A. Jay Khanna, MD, American Academy of Orthopaedic Surgeons (AAOS) spokesperson and orthopedic surgeon. "For that reason, it's important to equip kids with the proper safety precautions at an early age."
The AAOS suggests that individuals never dive into above-ground pools or into water that isn't clear -- where sand bars or objects below the surface may not be seen. As for swimming, never swim alone, always swim in supervised areas, and avoid rip currents.
* Follow the rules of the road while biking. More than 80 million Americans enjoy cycling because it's an environmentally efficient way to get around, a great form of exercise and a fun activity for the whole family. However, according to 2013 statistics from the Consumer Product Safety Commission, bike-related injuries were the reason for more than 1.3 million visits to hospitals, emergency rooms and doctors' offices.
To avoid being a statistic, always wear a helmet and ride in the direction of traffic. Also, don't listen to music with headphones, talk on your phone, text or do anything else that would distract you while riding.
* Beware of bouncing. Jumping on a trampoline is a favorite pastime among kids because of the thrill that comes with it. Unfortunately, it also carries risks. The most common injuries are sprains and fractures that result from falls on the mat, falls on the frame or springs, collisions with another jumper and falls off the trampoline, according to the AAOS. To protect kids, trampolines should not be used for unsupervised recreational activity.
For more information and safety tips this summer, visit OrthoInfo.org.
Ref: Bicycles - in Blogs
The following tips can help keep everyone healthy and injury-free -- and, with any luck, away from the doctor's office:
* Handle vacation baggage with caution. Be careful handling your luggage. There were more than 75,500 luggage-related injuries in 2013 alone. To avoid luggage-related injury and pain, keep your body straight when lifting and carrying luggage -- do not twist. Instead, point your toes in the direction you are headed, and then turn your entire body in that direction. Also, only use luggage that is sturdy and light weight with wheels and a handle.
* Dive into summer safety. Diving and swimming is a popular summer activity for many families and their children, but it does carry some risk.
"Swimming and diving injuries are most common among children, 17 or younger," says A. Jay Khanna, MD, American Academy of Orthopaedic Surgeons (AAOS) spokesperson and orthopedic surgeon. "For that reason, it's important to equip kids with the proper safety precautions at an early age."
The AAOS suggests that individuals never dive into above-ground pools or into water that isn't clear -- where sand bars or objects below the surface may not be seen. As for swimming, never swim alone, always swim in supervised areas, and avoid rip currents.
* Follow the rules of the road while biking. More than 80 million Americans enjoy cycling because it's an environmentally efficient way to get around, a great form of exercise and a fun activity for the whole family. However, according to 2013 statistics from the Consumer Product Safety Commission, bike-related injuries were the reason for more than 1.3 million visits to hospitals, emergency rooms and doctors' offices.
To avoid being a statistic, always wear a helmet and ride in the direction of traffic. Also, don't listen to music with headphones, talk on your phone, text or do anything else that would distract you while riding.
* Beware of bouncing. Jumping on a trampoline is a favorite pastime among kids because of the thrill that comes with it. Unfortunately, it also carries risks. The most common injuries are sprains and fractures that result from falls on the mat, falls on the frame or springs, collisions with another jumper and falls off the trampoline, according to the AAOS. To protect kids, trampolines should not be used for unsupervised recreational activity.
For more information and safety tips this summer, visit OrthoInfo.org.
Ref: Bicycles - in Blogs
(NewsUSA) - Summertime. It's the time of year to put your feet up, relax and have a little fun. So, why not make it a little safer for the whole family?<br />
<br />
The following tips can help keep everyone healthy and injury-free -- and, with any luck, away from the doctor's office:<br />
<br />
* Handle vacation baggage with caution. Be careful handling your luggage. There were more than 75,500 luggage-related injuries in 2013 alone. To avoid luggage-related injury and pain, keep your body straight when lifting and carrying luggage -- do not twist. Instead, point your toes in the direction you are headed, and then turn your entire body in that direction. Also, only use luggage that is sturdy and light weight with wheels and a handle.<br />
<br />
* Dive into summer safety. Diving and swimming is a popular summer activity for many families and their children, but it does carry some risk.<br />
<br />
"Swimming and diving injuries are most common among children, 17 or younger," says A. Jay Khanna, MD, American Academy of Orthopaedic Surgeons (AAOS) spokesperson and orthopedic surgeon. "For that reason, it's important to equip kids with the proper safety precautions at an early age."<br />
<br />
The AAOS suggests that individuals never dive into above-ground pools or into water that isn't clear -- where sand bars or objects below the surface may not be seen. As for swimming, never swim alone, always swim in supervised areas, and avoid rip currents.<br />
<br />
* Follow the rules of the road while biking. More than 80 million Americans enjoy cycling because it's an environmentally efficient way to get around, a great form of exercise and a fun activity for the whole family. However, according to 2013 statistics from the Consumer Product Safety Commission, bike-related injuries were the reason for more than 1.3 million visits to hospitals, emergency rooms and doctors' offices.<br />
<br />
To avoid being a statistic, always wear a helmet and ride in the direction of traffic. Also, don't listen to music with headphones, talk on your phone, text or do anything else that would distract you while riding.<br />
<br />
* Beware of bouncing. Jumping on a trampoline is a favorite pastime among kids because of the thrill that comes with it. Unfortunately, it also carries risks. The most common injuries are sprains and fractures that result from falls on the mat, falls on the frame or springs, collisions with another jumper and falls off the trampoline, according to the AAOS. To protect kids, trampolines should not be used for unsupervised recreational activity.<br />
<br />
For more information and safety tips this summer, visit OrthoInfo.org.<br />
<br />
Ref: Bicycles - in Blogs
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Aric Aric_Feeney
Category: Photography - in Blogs
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<br />
<span style='display:none' class='DO NOT REMOVE - THIS CATEGORY CODE WILL BE HIDDEN - IT IS NEEDED TO BE FOUND BY CATEGORY AND ONE-CLICK SEARCH'>Category: Photography - in Blogs</span>
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Millie Millie_Zemlak
(NewsUSA) - With people more focused on wellness and nutrition these days, interest in a plant-based diet is hotter than ever. One easy way to get in on the trend: Pair summer produce with simple ingredients like pecans for a dish the whole family will enjoy.
Pecans are a versatile ingredient and are naturally sweet with a rich and crunchy texture. As each one-ounce serving of the nuts offers three grams of fiber and protein, essential vitamins, minerals and heart-healthy benefits, pecans also happen to be one of the tastiest ways to elevate the nutrition of any recipe.
In fact, according to the U.S. Food and Drug Administration, scientific evidence suggests, but does not prove, that eating 1.5 ounces per day of most nuts - including pecans - as part of a diet low in saturated fat and cholesterol may reduce the risk of heart disease. A one-ounce serving of pecans has 18g unsaturated fat and only 2g saturated fat.
Add a sweet and nutritious crunch to this Mediterranean Pecan Pasta Salad, or swap meat for Grilled Cauliflower Steaks with a nutty and nutritious pecan pesto.
Discover more delicious recipes at AmericanPecan.com.
Ref: Food - in Blogs
Pecans are a versatile ingredient and are naturally sweet with a rich and crunchy texture. As each one-ounce serving of the nuts offers three grams of fiber and protein, essential vitamins, minerals and heart-healthy benefits, pecans also happen to be one of the tastiest ways to elevate the nutrition of any recipe.
In fact, according to the U.S. Food and Drug Administration, scientific evidence suggests, but does not prove, that eating 1.5 ounces per day of most nuts - including pecans - as part of a diet low in saturated fat and cholesterol may reduce the risk of heart disease. A one-ounce serving of pecans has 18g unsaturated fat and only 2g saturated fat.
Add a sweet and nutritious crunch to this Mediterranean Pecan Pasta Salad, or swap meat for Grilled Cauliflower Steaks with a nutty and nutritious pecan pesto.
Discover more delicious recipes at AmericanPecan.com.
Ref: Food - in Blogs
(NewsUSA) - With people more focused on wellness and nutrition these days, interest in a plant-based diet is hotter than ever. One easy way to get in on the trend: Pair summer produce with simple ingredients like pecans for a dish the whole family will enjoy.<br />
<br />
Pecans are a versatile ingredient and are naturally sweet with a rich and crunchy texture. As each one-ounce serving of the nuts offers three grams of fiber and protein, essential vitamins, minerals and heart-healthy benefits, pecans also happen to be one of the tastiest ways to elevate the nutrition of any recipe.<br />
<br />
In fact, according to the U.S. Food and Drug Administration, scientific evidence suggests, but does not prove, that eating 1.5 ounces per day of most nuts - including pecans - as part of a diet low in saturated fat and cholesterol may reduce the risk of heart disease. A one-ounce serving of pecans has 18g unsaturated fat and only 2g saturated fat.<br />
<br />
Add a sweet and nutritious crunch to this Mediterranean Pecan Pasta Salad, or swap meat for Grilled Cauliflower Steaks with a nutty and nutritious pecan pesto.<br />
<br />
Discover more delicious recipes at AmericanPecan.com. <br />
<br />
Ref: Food - in Blogs
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Ramiro Ramiro_Williamson
Category: Photography - in Blogs
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<br />
<span style='display:none' class='DO NOT REMOVE - THIS CATEGORY CODE WILL BE HIDDEN - IT IS NEEDED TO BE FOUND BY CATEGORY AND ONE-CLICK SEARCH'>Category: Photography - in Blogs</span>
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Millie Millie_Zemlak
(NewsUSA) - How much will I need for my kid's college education? And how the heck will I pay for it?
With the cost of a four-year degree rising nearly eight times faster than wages since the 1980s, those two questions are enough to give today's parents a serious case of night sweats. You can argue about the reasons for the disconnect -Administrative costs? Fancy amenities? - but you know there's a problem when a writer at Education Week is incensed.
"Madness," she decried.
Which is all the more reason to mark May 29 down on your calendar.
Otherwise known as National 529 College Savings Plan Day -Get it? 5/29? - it's the perfect time to consider setting up one those tax-advantaged 529 plans, as they're called, to help sock money away to cover tuition, books and other education-related expenses at most accredited two - and four-year colleges, universities and vocational-technical schools.
"It's a way of keeping your son or daughter from being saddled with too much debt when it's time to jump start their careers," explained Melissa Ridolfi, vice president of retirement and college products at Fidelity Investments. "Plus, any investment earnings compound on a tax-deferred basis, and qualified withdrawals are entirely free from federal and state income taxes."
And now to the big question: How much?
Two factors are mainly at play:
* Public vs. private schools. The cost difference can be about as mind-boggling as "Avengers: Endgame's" record $357.1 million opening weekend domestic haul: an average of $21,370 a year at the former, according to the College Board's latest figures, as opposed to $48,510 at the latter.
* The percentage of the bill you plan to foot. If you were counting on scholarships and other grants to pick up all or most of the tab, you should probably rethink that unless your kid is either a bona fide child prodigy or football star. Sallie Mae's "How America Pays for College" 2018 report found that both categories combined paid for just 28 percent of college costs.
One guess where 47 percent of the costs came from. That's right, "family income and savings," with another 24 percent covered by borrowing.
In other words, as Ridolfi said, "any way you look at it, the family is on the hook to pay the lion's share of college expenses." Which probably helps explain why a recent Fidelity study found that parents are increasingly starting to save before their child even reaches the age of two.
To see where you stand, try using what Fidelity calls "the college savings 2K rule of thumb." Simply multiply your child's current age by $2,000 to figure whether your savings to date are generally on track to handle approximately 50 percent of the College Board's $21,370-a-year average cost of attending a four-year public college.
Or, especially if you want a more customized estimate - one that lets you play around with percentages and switch back and forth between public and private schools - the firm's free online college savings calculator takes the angst out of doing the math yourself.
Fidelity provides 12 savings ideas to help reach your own goal, and offers a choice of two different investment strategies in the 529 savings plans it manages - including an age-based portfolio of funds that automatically becomes more conservative as the beneficiary nears college age.
Hopefully, armed with all that info, you'll be sleeping better at night.
Ref: Family - in Blogs
With the cost of a four-year degree rising nearly eight times faster than wages since the 1980s, those two questions are enough to give today's parents a serious case of night sweats. You can argue about the reasons for the disconnect -Administrative costs? Fancy amenities? - but you know there's a problem when a writer at Education Week is incensed.
"Madness," she decried.
Which is all the more reason to mark May 29 down on your calendar.
Otherwise known as National 529 College Savings Plan Day -Get it? 5/29? - it's the perfect time to consider setting up one those tax-advantaged 529 plans, as they're called, to help sock money away to cover tuition, books and other education-related expenses at most accredited two - and four-year colleges, universities and vocational-technical schools.
"It's a way of keeping your son or daughter from being saddled with too much debt when it's time to jump start their careers," explained Melissa Ridolfi, vice president of retirement and college products at Fidelity Investments. "Plus, any investment earnings compound on a tax-deferred basis, and qualified withdrawals are entirely free from federal and state income taxes."
And now to the big question: How much?
Two factors are mainly at play:
* Public vs. private schools. The cost difference can be about as mind-boggling as "Avengers: Endgame's" record $357.1 million opening weekend domestic haul: an average of $21,370 a year at the former, according to the College Board's latest figures, as opposed to $48,510 at the latter.
* The percentage of the bill you plan to foot. If you were counting on scholarships and other grants to pick up all or most of the tab, you should probably rethink that unless your kid is either a bona fide child prodigy or football star. Sallie Mae's "How America Pays for College" 2018 report found that both categories combined paid for just 28 percent of college costs.
One guess where 47 percent of the costs came from. That's right, "family income and savings," with another 24 percent covered by borrowing.
In other words, as Ridolfi said, "any way you look at it, the family is on the hook to pay the lion's share of college expenses." Which probably helps explain why a recent Fidelity study found that parents are increasingly starting to save before their child even reaches the age of two.
To see where you stand, try using what Fidelity calls "the college savings 2K rule of thumb." Simply multiply your child's current age by $2,000 to figure whether your savings to date are generally on track to handle approximately 50 percent of the College Board's $21,370-a-year average cost of attending a four-year public college.
Or, especially if you want a more customized estimate - one that lets you play around with percentages and switch back and forth between public and private schools - the firm's free online college savings calculator takes the angst out of doing the math yourself.
Fidelity provides 12 savings ideas to help reach your own goal, and offers a choice of two different investment strategies in the 529 savings plans it manages - including an age-based portfolio of funds that automatically becomes more conservative as the beneficiary nears college age.
Hopefully, armed with all that info, you'll be sleeping better at night.
Ref: Family - in Blogs
(NewsUSA) - How much will I need for my kid's college education? And how the heck will I pay for it?<br />
<br />
With the cost of a four-year degree rising nearly eight times faster than wages since the 1980s, those two questions are enough to give today's parents a serious case of night sweats. You can argue about the reasons for the disconnect -Administrative costs? Fancy amenities? - but you know there's a problem when a writer at Education Week is incensed.<br />
<br />
"Madness," she decried.<br />
<br />
Which is all the more reason to mark May 29 down on your calendar.<br />
<br />
Otherwise known as National 529 College Savings Plan Day -Get it? 5/29? - it's the perfect time to consider setting up one those tax-advantaged 529 plans, as they're called, to help sock money away to cover tuition, books and other education-related expenses at most accredited two - and four-year colleges, universities and vocational-technical schools.<br />
<br />
"It's a way of keeping your son or daughter from being saddled with too much debt when it's time to jump start their careers," explained Melissa Ridolfi, vice president of retirement and college products at Fidelity Investments. "Plus, any investment earnings compound on a tax-deferred basis, and qualified withdrawals are entirely free from federal and state income taxes."<br />
<br />
And now to the big question: How much?<br />
<br />
Two factors are mainly at play:<br />
<br />
* Public vs. private schools. The cost difference can be about as mind-boggling as "Avengers: Endgame's" record $357.1 million opening weekend domestic haul: an average of $21,370 a year at the former, according to the College Board's latest figures, as opposed to $48,510 at the latter.<br />
<br />
* The percentage of the bill you plan to foot. If you were counting on scholarships and other grants to pick up all or most of the tab, you should probably rethink that unless your kid is either a bona fide child prodigy or football star. Sallie Mae's "How America Pays for College" 2018 report found that both categories combined paid for just 28 percent of college costs.<br />
<br />
One guess where 47 percent of the costs came from. That's right, "family income and savings," with another 24 percent covered by borrowing.<br />
<br />
In other words, as Ridolfi said, "any way you look at it, the family is on the hook to pay the lion's share of college expenses." Which probably helps explain why a recent Fidelity study found that parents are increasingly starting to save before their child even reaches the age of two.<br />
<br />
To see where you stand, try using what Fidelity calls "the college savings 2K rule of thumb." Simply multiply your child's current age by $2,000 to figure whether your savings to date are generally on track to handle approximately 50 percent of the College Board's $21,370-a-year average cost of attending a four-year public college.<br />
<br />
Or, especially if you want a more customized estimate - one that lets you play around with percentages and switch back and forth between public and private schools - the firm's free online college savings calculator takes the angst out of doing the math yourself.<br />
<br />
Fidelity provides 12 savings ideas to help reach your own goal, and offers a choice of two different investment strategies in the 529 savings plans it manages - including an age-based portfolio of funds that automatically becomes more conservative as the beneficiary nears college age.<br />
<br />
Hopefully, armed with all that info, you'll be sleeping better at night.<br />
<br />
Ref: Family - in Blogs
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