Juggling Competing Goals: College vs. Retirement Funding
by Christine Fahlund
Financial planners generally suggest that the former should receive priority, but many parents also want to plan for their childrens higher education.
In this article
- Comparing Strategies
- Investing Only for Retirement
- One at a Time
- A Dual Approach
- Putting College First
- A Balancing Act
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While financial priorities are a matter of personal choice, parents need to keep things in perspective. If you dont have sufficient assets or a pension, there are limited options other than Social Security and continued employment for funding your retirement.
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