A study finds 29% of parents feel they are being successful at juggling retirement and college savings.
The study by Edward D. Jones & Company L.P., St. Louis, also found, however, that 31% are favoring one of these rival savings goals over the other, while 26% aren’t saving for either retirement or for their kids’ college education.
Younger parents, ages 35 to 44, are more likely to save equally for retirement and college education (37%), than are older parents, ages 55 to 64 (23%).