It’s Sunday, which means...It’s recap time! This week, we looked at how to pay for your kids college and save for your own retirement at the same time. 

When you’re in your last working years, planning to retire, you’re typically also hit with big college bills. How do you make smart decisions about saving for retirement and helping junior with his or her college tuition and bills at the same time? It’s an important question and a common conundrum that many parents face. 

Here’s what we covered in each episode this week:

• The Challenges of Paying For College & Saving For Retirement
• The #1 rule to follow when balancing paying for college and saving for retirement
• How to run the numbers on college costs so you can make smarter decisions
• Why you absolutely must consider the ROI of college
• And lastly, how to ruin your retirement by paying for your kids’ college

Hopefully after listening to the One Minute Retirement Tip this week, you are better equipped to make smart decisions for your retirement and paying for your kids’ college, all while avoiding some big mistakes that I see many parents make. 

Tomorrow, we are starting a brand new theme: Should you worry about inflation? Our national debt is at a whopping $26 trillion and it’ll grow by another $5 million while you’re listening to today’s One Minute Retirement Tip. 

With all this national debt, especially recently with the additional COVID stimulus being pumped into the economy, it’s a relevant time to look at inflation & the national debt and what they both might mean for you and your retirement. So I’ll talk about inflation, the national debt, and you next week. 

Lastly, be sure to check out my YouTube channel - True North Retirement, where I cover a wide variety of retirement planning topics - everything from should you pay off your mortgage before retirement to the hidden danger of index funds. Just search for True North Retirement on YouTube. 

That’s it for this week! Thanks for listening and I hope you have a blessed Sunday! 

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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