Suze Orman Says This Is 'the Biggest Financial Mistake Parents Are Making'

The 2022 Retirement Confidence Survey by the Employee Benefit Research Group found that more than 40% of parents are saving less for their retirement than they otherwise would because they are also saving for a child's college expenses. -- Orman has some pretty solid reasons. Orman's central point is that by not investing enough for your own retirement, you're setting yourself up for financial discomfort down the road.