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College and University Discussion
Reply to "Just calculated projected college costs for my kid and almost vomited"
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[quote=Anonymous][quote=Anonymous]If you aim to save 15% of your income for retirement all of your working years, assume 15% of your income will go toward your children's college education for 8 years (which may take 8 years off of your retirement savings unless you can save 30% per year).[/quote] Never, ever sacrifice your retirement savings to save for college.[/quote]
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