Insights | 09.06.22
Parents Rank Saving for College Over Retirement
A Fidelity Investments’ survey of parents found that 27 percent of respondents cited saving for college as their top savings priority, while 22 percent citing saving for retirement and 19 percent said building an emergency fund was their top priority. While nearly all parents are concerned about inflation and the rising costs of college, encouragingly, 83 percent are still planning to either increase or stay the course with their savings strategy this year.
Read the full article on 401K Specialist