The Impact of the College Expense - Opportunity Cost

Perhaps we should consider the impact that paying for college has on our retirement AND determine what available planning alternatives there might be.

Since you understand the concept of opportunity cost, and we have a projected retirement date, we can calculate the total impact to retirement savings assuming an interest rate associated with opportunity cost. (that would be the assumed interest your college expenses could have earned if they were invested for retirement).

In this scenario, the total lost opportunity at retirement is nearly $1 million dollars.

No math presented on this screen.