Retirement savings or college tuition? How should parents prioritize?
It’s rarely a one-size-fits-all answer — the right approach depends heavily on each family’s specific circumstances, from health and career stage to overall financial picture.
That’s the lens John Pantekidis brings to one of the toughest calls parents face, per a new Financial Planning article.
His take: “it’s more important that mom and dad’s retirement is fully funded, especially if they’re older, especially if they’re not as healthy… whereas a young person, if they have to get in debt to go to college, they’re young, and they can pay it off.”
A useful reframe for clients wrestling with the retirement-vs-tuition tradeoff.
