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Part of the American dream is an accessible college education, and Aunties love to enable the dreams of their nieces and nephews. For many, however, paying college bills is a looming nightmare. A niece or nephew attending a four-year public university in 2017 could be looking at tuition, fees, and room and board running as much as $100,000. Send Sally to a private school, and you are looking at more than twice that amount, possibly averaging $200,000!
When I first started working at the age of 23, retirement seemed like something that old people did. I started contributing to a 401k plan with my first paycheck, but retirement seemed so far off that I didn't put much thought into it. I didn't really have a goal of retiring early, I just figured my husband and I would retire at 65 like most people seemed to do.