Retirement vs. college: a new generation gap?

Posted by Wendy Conklin at Jul 20, 2011 | No Comments »

When it comes to saving for the future, should parents put their retirement or their kids college first?

Depends on which generation you ask.

A survey released today by Country Financial found that about 46 percent of Americans overall thought retirement should be the No. 1 priority, but only 18 percent of Gen Y adults (currently age 18 to 29) agreed; 66 percent of them would put education first.

For what its worth, we tend to come down on the side of putting retirement first, for the benefit of all generations.

What do you think?

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