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Tip of the Week - Save for Retirement First

It’s much easier to use excess retirement funds to pay for your child’s college education than it is to use excess college funds to pay for your retirement. While you only have a limited number of years to save for your retirement, your child has their entire working career to pay back their student loans. Furthermore, if your retirement nest egg is not large enough to support yourself then your children are the ones who will likely bear the financial burden of supporting you.