You can borrow money for college. But you can't borrow for retirement.

It doesn't look like much in the beginning. The power comes in the last ten years from compounding the money saved in the previous 20.

If your kid doesn't go to college, you subsidize your own retirement.

There's no financial aid for retirement; there's lots of financial aid for college, ... Paying for College Without Going Broke.

Many young parents think linearly. Get a job, move up, buy a house, start a family, educate the children — and then think about retirement. But once they've taken care of the kids, there's not enough time to benefit from the compounding of earnings over 30 or more years.

William Jordan was a retired professor in the college of education who became well known during his retirement as a speaker.