Divorce, College, and Retirement – How to Prioritize

The author of this article is a Certified Divorce Financial Planner which I respect greatly.  She advises prioritizing saving for retirement.  In a perfect world putting a little away on a regular basis when your children are young which can accumulate over time can also pay off greatly, but only if you can afford it.  I also want to note that in New Jersey you are required to contribute to your child’s college education if he/she begins right after high school so that is important to bear in mind as well when planning for your and your family’s financial future.