Fran and Ed Blake, ages 43 and 47, have a daughter who is completing her freshman year of college and a son three years younger. Currently they have $34,000 in various savings and investment funds set aside for their children's education. With the increasing cost of education, they are concerned about whether this amount is adequate. In recent months, Fran's mother has required extensive medical attention and personal care assistance. Unable to live alone, she is now a resident of a long-term care facility. The cost of this service is $4,600 a month, with annual increases of about 5 percent. While a major portion of the cost is covered by her Social Security and pension, Fran's mother is unable to cover the entire cost. In addition, the Blakes are concerned about saving for their own retirement. While they have consistently made annual deposits to a retirement fund, current financial demands may force them to access some of that money.