You can borrow money for college, but you cannot borrow money for retirement.

If you are the parent of a child who has yet to become an adult, then you probably understand the pressure that surrounds the effort to graduate from high school, go to college and become a self-sufficient adult.

In our society, getting a college degree is an almost mandatory rite of passage. As parents, we coach, we encourage, we compromise, we do whatever it takes to persuade our children to continue their academic career. Some follow this path naturally, some have to be pushed. But we know in our hearts that having a college degree is likely to make a huge difference in their financial future.

As a financial planner whose focus has shifted to retirement planning as I age and think about my own retirement, my clients have aged and the nature of our discussions has increasingly been about their retirement needs. Think of it as the third major step in our lives, that point where we stop working for money and money has to work for us.

The cost of a college education has increased dramatically over the past few years and there doesn’t seem to be any chance of this trend stopping, much less reversing. Increasingly, parents are looking at the money set aside for retirement to support the needs of their children as they prepare to graduate from high school.

You can borrow money for college, but you cannot borrow money for retirement.

Borrowing money for college is a costly alternative, but it is an alternative. My hope is that before you reach into your retirement stash, you consider positioning your child to be awarded endowment money from whatever school turns out to be the college of choice.

Of the 5000 colleges and universities across the country, all of them have funds available to help them persuade the students they want, to actually enroll, then graduate, and in turn provide funds to help the next generation of students get a college degree.

If you are a parent of a high school student, I encourage you to watch this short presentation. If you have a neighbor, a friend, or family member who is a parent of a high school student, please forward this blog post to them.

The financial rewards to be found using this process are staggering. But you have to know how to work the system. The foundation behind this effort has been involved in this effort for about 30 years. In simple terms, it works. Call or email me with your questions or concerns.

Click on this link now to learn more: CollegeMoneyNow.info