Retirement Rules: #6 Borrow for education, save for retirement
Saturday, May 13, 2017, 12:35 PM
In an effort to fulfil the needs of the child, parents sometimes dip into their retirement funds to pay for the child's education. This is risky because your retirement is going to be very different from that of the previous generations. You can borrow money for your children education, but it's very difficult to borrow money for retirement.