Paying for Your Kids' College Can Ruin Your Retirement. How to Help Them Without Hurting Yourself.
Prioritizing your retirement now could be a win-win for you and your kids.
Paying for Your Kids' College Can Ruin Your Retirement. How to Help Them Without Hurting Yourself.
Overview
I'm a parent of two young kids, and I hope to one day be able to pay for their college educations so they don't have to start adulthood saddled with debt. I've been fortunate enough to save for their schooling and my retirement at the same time so far.
But if I ever find myself in a tight financial spot, I'll prioritize my retirement first. It might sound callous, but I actually have my kids' best interests in mind, and I don't plan to leave them without help. Here's why you might want to consider the same strategy.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
