By Michael G Rivas via Iris.xyz
Yes, it sounds harsh. But this is an important financial reality to understand: you should prioritize your retirement savings over saving for your kids’ college expenses.
This isn’t about loving your kids less. It’s about knowing how to prioritize your financial goals in the best possible way for both your sake and theirs.
And remember, putting your retirement needs ahead of saving for college doesn’t mean indefinitely choosing one over the other. You can balance both these competing goals and fund each at the same time.
Here’s why your retirement savings is that important — and how you can balance your desire to help your kids by saving for college while also making sure you take care of yourself.
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