How to Successfully Pay for Your Children’s College Without Robbing Your Retirement
Paying for your children to go to college while saving for your own retirement is a challenge facing parents across the country. College graduates have lower unemployment rates and make more money, so you want your kids to be able to go off to school. At the same time, retirement is closer than ever.
How can you invest in your children’s future while maintaining a safe, fully funded future for yourself?
In this case study, we’ll:
- Examine two different approaches to this problem
- Review tips on how to approach the entanglement of retirement and college finances
- Explore how loan debt affects homeownership