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Retirement Planning > Retirement Investing

Save for retirement of save for your kids’ college?

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Dipping into retirement funds to cover a child’s tuition payment might seem like a consequence-free solution but it’s not. Reducing an account balance could mean missing out on compound returns and the resultant gains over time. Tash Elwyn, president of the Private Client Group at Raymond James puts it like this: It’s easier to borrow money for college than it is for a retiree to borrow for retirement.

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