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  Moving forward -- 30s
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Saving strategies

Saving for college
With children, your investment focus also includes college savings. Most incomes can't heavily contribute to both retirement planning and college savings, so invest small amounts to both. The earlier you save for college, the faster your money grows. Just get started.

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Links:
Save money whle saving for your child's education, Get a jumpstart with the best college investments, Best tax-free ways to save for college
, A lesson in educational savings accounts, Education savings plans compared, Credit card rebates help build college fund, Affinity programs for college savings plans, Kiddie tax: special rules for reporting Junior's investment income, How to invest for retirement and college

Invest for growth
After your cash liquidity is built, invest aggressively for retirement. With 30 more years until retirement, you can afford the risk of growth funds. If yourHow healthy is your company's pension plan employer offers a pension plan or a 401(k) plan, contribute.

Links:
Take charge of your retirement accounts, What is asset allocation?, Check out your investment plan, How healthy is your company's pension plan, 7 things to do when the Dow's in the dumps, Alternative investments in a volatile stock market, The ABCs of IRAs, What will it take to reach your investment goal?, How long until you become a millionaire?, 401(k) blackout notices, Match or no match, keep your 401(k), ABCs of mutual-fund share classes

 

-- Posted: Jan. 20, 2003

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