Retirement Problem
College Dollars Spent versus Retirement Dollars Lost
| This table shows the amount of potential amount of retirements savings lost because the money was used to pay for college costs instead of saved for retirement Four Year College Costs |
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| Years Until Retirement |
Public $78,000* |
Private $168,000* |
Elite Private ($50K) $217,000 |
| 15 | $180,000** | $389,000** | $500,000** |
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This is for one child only!
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*5% annual college inflation - using 2012 average public and private school cost of attendance figures. Source - College Board **7% return on annual cost of college being invested each year for four years |
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