Timothy Sumer

e recently received a question from a listener. Jim asked, “I recently changed jobs and have a retirement plan from my former employer. I want to use part of that money to pay for my son’s college expenses. What is the best way to do that?” In this clip, we talk about the potential lost opportunity of compounded returns for your retirement. To watch the full episode, visit: ... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing As the cost of college education rises every year, parents and students alike seek ways to fund the expense. One approach that some families take is to tap into their retirement savings, such as a 401(k) or IRA, to cover tuition and other costs. However, while it may seem like a good idea at first, using a retirement plan to pay for college could end up costing a whole lot more than just p...