Last Update: Wednesday, July 23, 2014

ASK CARRIE- Parental Aid After College Has High Price PDF Print E-mail
Written by CARRIE SCHWABPOMERANTZ, Creators Syndicate   
Wednesday, 10 November 2010 21:46

Dear Carrie: I'm a divorced mom with a 16-year-old son, who is starting to look at colleges.

His father and I were pretty good about saving money for his college, but as I look ahead at my retirement, I doubt that I will be able to help him financially after that. Am I being too selfish to stop supporting him after college? — A Reader

Dear Reader: Your question goes right to heart of the parental dilemma — the desire to help and support our children while encouraging them to be self-sufficient — and also underscores the importance of your own financial planning.

My short answer is an emphatic "no!" You're not being selfish. It sounds to me that you're being prudent and realistic.

Here's my reasoning. I believe it's vitally important for every adult to ensure a secure, financially comfortable retirement for themselves. Social Security won't be sufficient for most people, and unless you have substantial savings or another means of support, you're smart to save as much as possible. Doing so, by the way, is also good for your son. By preparing for retirement, you can avoid becoming a financial burden to him later in life. You don't want him to follow in the path of the so-called "sandwich generation" — adults struggling with financial responsibilities for their parents as well as their children.

Moreover, I think you should look at the post-college phase in your son's life as his first real opportunity to be independent.

You want to help him out, and you may remember from your own experience how challenging it can be when you're starting out. But you're already giving him one of the most valuable resources available: a college education. When he graduates, he'll still need your love and your support (emotional if not financial) — but that's a reasonable time for him to start being self-sufficient and financially independent.

Of course, you don't want to spring this news on him the day he graduates. Being honest and forthright now will help him prepare for the future. So, I encourage you to talk to your son about your financial realities and what they mean for both of you. Explain the challenge of retirement and your need to plan for it (a discussion which can also have the extra benefit: of encouraging him to think about saving for his own future as early as possible). And explore what this might mean for him. If he knows he needs to go to work right after college, it might change what he studies or even his choice of college.

Together, you might opt for a less expensive school if that could give both of you more flexibility after he gets his degree.

And finally, some practical advice in the event your son really does need some assistance after he finishes college — say, for example, for graduate school or if his first job after college takes him to an expensive city. Besides outright financial support, you could co-sign a loan for him (provided that you're prepared to step in if he can't repay it on his own). Or he could always move back home temporarily until he's saved enough to go out on his own. More and more young adults do end up living at home after college these days, which can be a great interim solution, especially if you establish some guidelines and create a plan for his eventual independence.

For me, the mere fact that you question your motivation is evidence that you're being sensitive to your son's needs. I absolutely understand that you want to help him, but there are lots of ways to do so without providing substantial, ongoing financial support — so that you can continue to prepare for your retirement. Good luck to you both!

Carrie Schwab-Pomerantz, CERTIFIED FINANCIAL PLANNER (tm) is president of the Charles Schwab Foundation and author of "It Pays to Talk." You can e-mail Carrie at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . This column is no substitute for an individualized recommendation, tax or personalized investment advice.


Team members care for thousands of the region's sickest children with heart conditions, including fetuses, newborns, infants, children, adolescents, and adult, long-term patients with pediatric cardiovascular conditions. At Children's families experience coordinated, next-generation care, delivered by a compassionate, multidisciplinary team of leaders in the pediatric cardiology field. One of the largest pediatric cardiovascular programs in the region. Studies have shown that high volumes are associated with high quality and better outcomes, because experience is a major factor in quality of care. Wort was traditionally prescribed in parts of Europe for depression (in addition to use as a general-purpose tea), and Chinese medicine developed elaborate lists of herbs and preparations. With the scientific revolution in Europe and the United States, the use of traditional herbal remedies fell out of favor with the mainstream medical establishment, although a few people continued to use and maintain knowledge of traditional European herblore. In the early 20th century, scientists began reassessing this rejection of traditional herbs in medicine. Vorzüge eines intakten und lebendigen Gemeinschaftslebens bewahren. Dafür sorgen nicht zuletzt gut 120 lokale Vereine. Als wichtiger Faktor im Kulturleben haben sich die zahlreichen Museen und einige Kunstgalerien erwiesen. Descriptive and quantitative transcriptome analyses are important for interpreting the functional elements of the genome and revealing the molecular constituents of cells and tissues. It is known that sperm function can be affected by ASG proteins, including the processes of capacitation and the acrosome reaction, as well as canadian pharmacy accutane sperm motility, DNA integrity and interaction with the oocyte. BSPs (bovine seminal plasma protein, unigene 64,588 and unigene 69,768), fertilin (unigene 17,270 and unigene 27,136), ACE (Angiotensin converting enzyme, unigene 7,164 and unigene 21,069), GPX5 (glutathione peroxidase, epididymal secretory glutathione peroxidase, unigene15860), Spermadhesin-1 (Acidic seminal fluid protein, aSFP). The reproduction-related transcripts identified in the ASG and testis transcritptomes in E. This interaction of PDC-109 with the sperm cell membrane results in an efflux of cholesterol and choline phospholipids, that appears to be important for capacitation. The main changes in spermatozoa that occur during epididymal maturation are the ability to move, recognize and bind to the ZP, and to fuse with the plasma membrane of the oocyte.. Oct 2004, Adelaide, Australia. Ziaian T, Augostinos, M. Relationship Between Acculturation and Mental Well-being Among Young Persian Women Living in Australia. Paper presented at the Educational Research conference, 18th November 2004, Adelaide, Australia. Ziaian T, Stress Management: an introduction of holistic coping strategies. A Four day Course for the higher degree students. Targeted molecular therapy for advanced epithelial ovarian cancer. Minimally invasive surgery for gynecological cancer. Pharmaceutical Sciences from Shizuoka College of Pharmacy (1976, Japan). He has completed his B. Prophylactic removal of nevi without clinically worrisome characteristics is not recommended. The reasons for this are practical: many individuals in these families have a large number of nevi, and complete removal of them all is not feasible, since new atypical nevi continue to develop. In addition, individuals with increased susceptibility to melanoma may have cancer arise de novo, without a precursor lesion such as a nevus. The disadvantages of screening include the limitations of available noninvasive testing methods and the risks associated with invasive screening procedures. ERCP is the gold standard for identifying early cancers and precancerous lesions in the pancreas..