<prompt> Human: My fiancée and I bring in about 100k combined. I contribute 10 of my income to a Roth 401k with a 50 traditional match on the first 6 from my employer. My fiancée contributes 10 of his pay to a state retirement fund. Together we have about 210k saved for retirement and were both 40 years of age. He has student loan debt of 47k at 3.8 interest. Together we have a total of 8500 in consumer debt at about 6.25. We have an emergency fund of about 20k. We are expecting a baby next month and Im having anxiety about how were going to fund her education. Ive read that we should fund our own retirement first. Our budget is somewhat tight for saving options. I feel like were behind but we did the best we could as single people to save for retirement. Im not sure what to do. Do we tackle the student loan first or open a Roth IRA to save for either retirement or use it to help with her education in 18 years. Is it better to start a 529 for her? Weve had to completely pay for our own educational expenses and I have parents who havent prepared well for retirement. Both situations are stressful. Thanks in advance for any advice.  <response>: There is no we in finances until you are married, so until you say I do you should attack your debts separately.Focus on your retirement, before you worry about focusing on your childs education.Weve had to completely pay for our own educational expenses and I have parents who havent prepared well for retirement. Both situations are stressful.Forcing your kids to take care of you because you havent prepared is worse than your kids having to take out loans to get an education and the fact of the matter is unless they want to be a doctor or a lawyer they dont have to take out massive loans to get their education. If they go to community college for two years and then transfer to an in-state school they can get an affordable education. Your kids can work during college to pay their way through school. They can get scholarships and grants if they excel in high school, my point is they have options. 