Q: What should I be saving for first, my retirement or my child’s education?

A: Anything you can do for your retirement needs to be first. If you have the ability to save pre-tax through a 401k or 403b, do it. Pre-tax saving puts whole dollars to work for you and will have a smaller impact on your spendable dollars vs. after-tax savings. With potentially more spendable dollars, you can then start an education savings account for your child.

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