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Paying for College When Close to Retirement
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Retirement Planning
Paying for College When Close to Retirement
<font face="arial, helvetica, sans-serif" size="1"><div>Wondering if you'll have enough for your retirement? Considering early retirement? These questions and much more are addressed in this investment plan, saving strategy-oriented message board.</div></font>
I am at a crossroads at this point in my life,&nbsp; I am in&nbsp;my mid-50 and feel guilty about having my daughter pay for part of her undergraduate degree.&nbsp; I have her Associates degree paid i
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Cat:7a9899c6-bb01-48a5-bd56-e73d9d7e3998Forum:f30f5dc6-f3c4-4828-8510-fbe290ff0053
Cat:7a9899c6-bb01-48a5-bd56-e73d9d7e3998Forum:f30f5dc6-f3c4-4828-8510-fbe290ff0053Discussion:441d7f7c-c947-407c-9a3e-b00d2ca5fe50

Forums » Work & Retirement » Retirement Planning » Paying for College When Close to Retirement

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Forums  »  Work & Retirement  »  Retirement Planning  »  Paying for College When Close to Retirement

Paying for College When Close to Retirement

posted at October 13, 2011 8:18 AM EDT
Posts: 1
First: October 13, 2011
Last: October 13, 2011
I am at a crossroads at this point in my life,  I am in my mid-50 and feel guilty about having my daughter pay for part of her undergraduate degree.  I have her Associates degree paid in full, however she is deadset on transferring to a very expensive private art college in Baltimore, Maryland (about 45K per year w/tuition and room and board).  She is a photography major.

I would like to retire at age 62 and not have the added extra pressure of working beyond those years to pay for it.   Its a lot of debt to pay for a youngster, however, she has her whole life ahead of her to pay for student loans after graduation from college, and I would much rather enjoy my future retirement then be swaddled in debt at my age.

Any thoughts on this scenario from the AARP community? 

Forums » Work & Retirement » Retirement Planning » Paying for College When Close to Retirement