#athletic-scholarships
Should Parents Use Retirement Savings for College?
A family earning $550,000 a year is considering using $300,000 of its $1.2 million retirement savings for a daughter’s preferred college. The case shows why parents must compare 529 funds, athletic aid, taxes, lost investment growth and retirement needs before committing. A high-earning U.S. family is weighing whether to spend about $300,000 on a daughter’s preferred college or preserve the money for retirement. The parents, age 48 with $1
Should Parents Use Retirement Savings for College?
A family earning $550,000 a year is considering using $300,000 of its $1.2 million retirement savings for a daughter’s preferred college. The case shows why parents must compare 529 funds, athletic aid, taxes, lost investment growth and retirement needs before committing. A high-earning U.S. family is weighing whether to spend about $300,000 on a daughter’s preferred college or preserve the money for retirement. The parents, age 48 with $1









