<prompt> Human: The way I see things at this moment I can either put my savings toward my retirement, which would help ensure me not being an old man burden on my kids, or I can put the money toward their education hopefully minimizing any student loans they may have. The one thing Im not sure of is how much saving for my retirement could impact any student loan prospects. Im leaning more toward funding my later years so they arent in a position of dealing with me at that point. But that makes me feel selfish toward me. However, funding their education makes me feel selfish toward them. Im curious as to what opinions others may have.  <response>: You should fund your retirement first. As you know, your kids can always get loans, or pay for school in other ways.Here is an article on how different account types affect the FAFSA: 