Young families with an eye to the future are faced with a daunting choice – to save earnestly for a secure retirement or to save for their children’s education. Can you do both? Certainly it is possible; however, with the cost of a college education and retirement (thanks to health care costs) rising faster than the rate of inflation, just targeting one of those goals with savings is no sure thing.
While the equity markets here in the U.S. have cooled off over the last year or so compared to their strong run through 2014, they still remain near their all-time highs. Between a Federal Reserve manipulated low interest rate environment, an ongoing profits recession, and extended valuation levels, concerns have mounted over the sustainability of the current move higher in equity prices.