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The Johnsons, a dual-income couple with three children and a substantial $2.1 million in retirement savings, face the daunting task of funding both their retirement and their children's college educations. This case study explores how strategic 401(k) planning can help them achieve both goals.
This case study explores how a high-earning couple with significant retirement savings can realistically assess their options for early retirement while simultaneously planning for the considerable expense of funding three children's college educations. Using our FIRE calculator and strategic financial planning, we helped the Johnsons understand their path forward.