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I planned to retire by 55 — but my son has asked me to help pay for college. Should I just push off my plans?
Yahoo Finance·2025-09-21 12:00

Early retirement is a goal for many people, but is it worth leaving your child to pay their own way through college just to retire early? That’s the situation Derek is facing. He has been saving with the goal of retiring at 55, but his plans may be shifting now that his son is asking for help with college. Covering the full cost of his son’s medical program — nearly 250,000wouldlikelydelayretirementbyaboutfiveyears.Hecurrentlyearnsaround250,000 — would likely delay retirement by about five years. He currently earns around 150,000, and with his wife, spends about $65,000 ann ...