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Asked on Reddit: Should I Save for My Retirement or My Child’s Education?

  • Respondents on Reddit advised prioritizing retirement savings over saving for a child's education.
  • ‘Just like on an airplane, put your own oxygen mask on first,’ says Marguerita Cheng, a financial planner.
  • Cheng noted that there’s all kinds of financial aid for children, but there’s no financial aid for retirement.
  • Steven Conners emphasized the importance of starting retirement savings early, stating that the earlier you begin saving, the better.
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KOAMKOAM
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Asked on Reddit: Should I Save for My Retirement or My Child’s Education?

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.A Reddit user…

·Joplin, United States
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KOAM broke the news in Joplin, United States on Friday, August 22, 2025.
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