Photo: iStockphoto/Getty ImagesFor many people, their two main long-term financial goals are funding their retirement and paying for their children’s college education. But would some investors be better off not saving for college at all? The traditional approach might have them put aside $7,500 annually for college and $35,500 for retirement. When it comes time for college, the parent could simply use the $43,000 in annual cash flow for tuition. Even during the college years, when the parent isn’t contributing toward retirement, the interest earned on the fuller savings is still working.

Source: Wall Street Journal September 11, 2017 01:52 UTC