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Reply to "Reducing retirement to help pay for college"
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[quote=Anonymous]Yes, we didn’t save enough and only recently hit $200 HHI. Oldest is off to college next year (two kids who will not overlap) and we will cash flow approximately 80%. I think we may need to cut down on our retirement contributions (have been maxing out). Question: Who should reduce? Partner A is mid-50s and around 7 years older than Partner B. Partner A has higher income/higher job security and will probably work another 15 years. Partner B’s career is more tenuous. 1) Reduce both equally? Some other proportion? 2) Reduce Partner A? 3) Reduce Partner B? No need for comments about paying yourself first, community college, etc. [/quote]
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