Wow, maybe I should retire and ... oh, I have a 14 year old and still need to pay for college. Did he address that ...? No, he apparently is young, healthy, and childless. Oh well, back to the salt mine.
I retired at 62 and did plan for the kids university so that should be part of the plans, you cannot start planning at 50. My girlfriend is 53 and she too has it all planned out one college grad the other just starting neither will have one penny of loans. One of her friends just told their high school grad, so sorry we are divorcing and you are on your own for university after she had started packing for school. unbelievable.
...”oh, I have a 14 year old and still need to pay for college”
you might be interested in some of the presentations made lately by Mike Rowe, of the famous “Dirty Jobs” series...since almost all college degrees are virtually worthless these days, seeing as college kids are not really getting any education, but are attending indoctrination camps, an apprenticeship in one of the very-much-in-demand trades might be a better course...many of those jobs pay nice six-figure salaries...sure beats being a barista at a local Starbucks with your B.S./B.A. degree in your back pocket...
I actually read this exact article about 6 months ago on Yahoo. The guy is retired, I guess, but he still works at creating income streams through YouTube, writing, etc.
LOL, like me. I’m mid-50s but have an 11 year old daughter. No doubt I’ll be working though my late 60s paying for college. Again.
Join the club I’m 55 with a almost 17 year old :0)
That was your call, not his.
Kids are yours until they are 22 or so unless you introduce them to the nice Army recruiter down the street. That'll pay for college too.