Expert Financial Planning
We Offer Two Flexible Ways to Work Together
Comprehensive Financial Planning
Regardless of your needs, our team will always find the best solutions for you.
Ongoing Wealth Management
JMC Legacy Group only works with vetted financial professionals. Your peace of mind is also ours.
You need to know your net worth so you can set goals and approach your finances in a calculated and informative way. By calculating your net worth, which is your financial health, you can vastly improve your financial status. If you sold everything you own, and covered all your debts, the remaining amount is your net worth.
Assets (things you own) such as cash and investments, your home and other real estate, cars or anything else of value minus Liabilities such as car loans, your mortgage, and student loan debt is what your net worth actually is.
The average cost of a college degree has risen over 500% since 1985, according to Forbes Magazine. The cost of college has become such a huge budget issue, that parents usually need to spend years of saving. For a child born nowadays, parents should save at least $250 per month for an in-state public 4-year college, $450 per month for an out-of-state public 4-year college and $550 per month for a private non-profit 4-year college, from birth to college enrollment.