8/22/2015 – Don’t let grown children derail your retirement (The Washington Post)

Aug 22, 2015 Comments Off by

It is a bad decision to gut your retirement savings to pay your child’s college tuition. It’s also as bad a decision to defer retirement savings so you can save for tuition instead. But parents want the best for their children.An Allianz LoveFamilyMoney survey found that this is especially true of single parents. Forty-five percent of single parents said saving for their children’s education was a priority in their financial plan. And 76 percent said they were stressed about saving for their children’s education while preparing for retirement.

Read the full article in The Washington Post.

 

Financial Landing 2015

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