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A Reddit user recently asked for advice about whether to save for retirement, or for their young children’s future college expenses.
Respondents urged the user to prioritize retirement. Take care of yourself, one said, so you won’t be a burden to your children one day.
You can take out loans for college, but not for retirement, another noted.
We asked financial experts the same question. How can parents juggle these two competing financial goals ?
Think about your family’s priorities
The decision may not be so cut-and-dried for you