Author: Jeffrey Alderfer

Most high-earning professionals are good at optimizing things — code, legal arguments, engineering specs. But when it comes to financial planning for their kids, even the sharpest minds sometimes default to a single savings account and good intentions. The problem isn’t knowledge. It’s that no one handed them the framework. Here then is a suggestion for that framework. There are actually three purpose-built investment accounts designed specifically for children, and, like silverware, they work best when used together. Open all three early, fund them consistently, and you can systematically cover three of the biggest financial milestones in your child’s life:…