Gen X Parents: Saving for Retirement and College?

Saving for retirement and college at the same time is tough. As you prepare to send your kids to college, don’t neglect your nest egg.

A college student and his dad say goodbye while standing next to an open SUV holding the student's belongings.
(Image credit: Getty Images)

If you’re raising kids, you may feel squeezed as you save for both your own retirement and college expenses for your children. Plus, there’s the pressure that comes with staying on top of your other financial obligations, from paying the mortgage to covering the cost of extracurricular activities. If your children are getting close to entering college or are already there, the balancing act can feel especially precarious. 

Retirement and college saving

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Ella Vincent
Staff Writer

Ella Vincent is a personal finance writer who has written about credit, retirement, and employment issues. She has previously written for Motley Fool and Yahoo Finance. She enjoys going to concerts in her native Chicago and watching basketball.