College loans are making it harder for parents to retire Retirement does not look good for many parents who are forced to take college loans to help finance their children's education, according to this article on MarketWatch. Based on data from the Government Accountability Office, almost 2 million Americans aged 50 to 64 had Parent Plus loans last year, with 200,000 retirees aged 65 and older carrying the same loans. Parents who have a hard time balancing loan repayments and retirement saving may opt for an extended repayment or graduated repayment plan.

Roth, traditional, or taxable? The best answer may be ‘yes' Investing for retirement using a combination of a Roth, a traditional IRA or 401(k), and even a taxable account may be the best move that clients can make, according to this article from Morningstar. That is because using these retirement accounts together allows for tax diversification, which puts clients in a better position to manage the impact of future tax changes. Holding these accounts also offers control over tax liability on income after retirement, as they have a diversified pool of assets from which to draw funds for their needs.

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