How much should I save for the education of my children?

Annual college costs have been increasing at more than twice the rate of inflation and are predicted to continue this trend over the next decade. College enrollment may also begin to drop because of changing demographics. Demographics also show that today's investor faces conflicting investment goals: buying a home, saving for a child's education, saving for retirement, and possibly supporting elderly parents. Striking a balance between these goals is possibly the greatest obstacle facing many Americans. Only through good financial planning and guidance is it possible to realistically assess how much you should save and the best way to do it.