))
College or Retirement? Why Many Parents Are Sacrificing Too Much
Manage episode 515206452 series 3650791
Get your customized planning started today by connecting with Dennis 👉 https://www.faith401kmgmt.com/contact_us/
According to recent surveys, the emotional and financial burden of paying for college often exceeds expectations. In this episode, Dennis unpacks the tough trade-offs parents face when trying to help their kids through school without sacrificing their own future. College is a huge investment, but so is retirement. The key is finding the balance between supporting them and still securing your own freedom down the road.
Here’s some of what we discuss in this episode:
💡 Start early – Build college savings from birth and involve grandparents when possible.
💰 Smarter tools – 529 plans and Roth IRAs offer flexibility under new SECURE Act 2.0 rules.
🧑🔧 Alternative paths – Dual-credit and skilled trade programs can lower costs and increase opportunity.
⏳ Retirement first – If paying for college delays your retirement by five years, it’s too expensive.
Citizens Financial Group’s 2024 College Planning Study: https://investor.citizensbank.com/about-us/newsroom/latest-news/2025/2025-06-24.aspx
Sallie Mae’s “How America Pays for College” Report: https://www.salliemae.com/about/leading-research/how-america-pays-for-college/
Our website: https://www.401k.faith
Phone: (513) 898-1897
Contact our team: https://www.faith401kmgmt.com/contact_us/
Book an Introductory Meeting: https://www.faith401kmgmt.com/contact_us/
Check out our no-cost financial flipbooks here: https://www.faith401kmgmt.com/learning_center/flipbooks/
Join one of our upcoming events: https://www.faith401kmgmt.com/events.htm
Check out our online calculators: https://www.faith401kmgmt.com/learning_center/calculators/
Check us out on YouTube: https://www.youtube.com/channel/UCpuK6WuipFhXBxujjM6nl7g
Facebook: https://www.facebook.com/profile.php?id=100063561056644
37 episodes
Share
