BABY-PROOFING YOUR FINANCES PLANNING FOR LIFE USING THOSE NINE MONTHS WISELY ☐ EXPLORE CHILDCARE OPTIONS. Investigate what you’re comfortable with as well as what you can afford. Can a family member care for the baby while you work, or can you share a MATH HOMEWORK Your new addition will subtract from your bottom line.1 nanny with another couple? ☐ 245,340 up to age 18 $13,630 annually $1,135 monthly $ PLAN FOR THE UNTHINKABLE. Work with your financial advisor and qualified estate attorney to make sure your will is updated and all your bases are covered, this includes naming a legal guardian(s) in the event something happens to you or your partner. ☐ ☐ GET REAL ABOUT THE GEAR.

Talk to other parents to see what you need. Save money (and the environment) by buying some things Transportation % 14 Housing % secondhand, but always do your research and check for recalls. PRACTICE NEW WAYS OF SPENDING. Put your post-baby 30 Food % 16 budget into action as soon as possible to help ensure you’re on track when baby arrives. Child Care & Education % PLANNING WITH BABY AT YOUR SIDE But don’t lose sight of your own.

It’s important to save for your retirement first. Consider a 529 savings plan, Coverdell Education Savings ☐ ADD BABY TO YOUR PLANS. As soon as possible after birth, you should update any necessary beneficiary information in a 73 % College costs are in addition to the above, and 73% of parents say it’s their top financial concern.2 current estate plan, wills, and health or dependent care documents. your assets should be managed and distributed to your beneficiaries. CONTINUE TO TRACK YOUR SPENDING.

Stay ahead of any potential concerns and keep that emergency fund intact for true emergencies. Projected 4-year tuition and fees3 $ Private College CONSIDER A TRUST. Setting one up allows you to determine how (in-state resident) ☐ ☐ 22 PLAN FOR YOUR CHILD’S FINANCIAL FUTURE. Account or other educational savings plans and deposit cash gifts. ☐ 18 Public/ University ☐ Clothes, Healthcare & other expenses % 134,600 323,900 $ 39,400 94,800 $ $ Enrolling 2015 Enrolling 2033 E  NJOY THE TAX BREAK. Before you can claim your new dependent, your child needs a Social Security number.

Make it easy by applying during the birth certificate process at the hospital. 1 Source: U.S. Department of Agriculture, as of August 2014 2 Gallop Economy and Personal Finance Polls 3 Savingforcollege.com INTERNATIONAL HEADQUARTERS: THE RAYMOND JAMES FINANCIAL CENTER 880 CARILLON PARKWAY // ST. PETERSBURG, FL 33716 // 800.248.8863 RAYMONDJAMES.COM ©2015 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC ©2015 Raymond James Financial Services, Inc., member FINRA/SIPC Investment products are: not deposits, not FDIC/NCUA insured, not insured by any government agency, not bank guaranteed, subject to risk and may lose value. 15-BDMKT-1806 EG 7/15 .