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Let's get to Eric in Chicago.

Eric, how can we help?

Hey, guys. Thanks for the call.

I'm just calling to make sure I'm on the right track, I'm trying to save for my son for a college

fund.

I've seen a couple of financial advisors and one of them told me to, you know, do a start of

529 fund.

And another one I talked to said start a just a Roth IRA because I'm a little bit older. So I ended up doing that three

years ago. And he said, you know, since I'm older, I could, you know, withdraw that money at

59.5 with no penalties if I wanted to use it for his college. And if he doesn't go to college,

and I had a 529 plan, I'd have a penalty. So you think that might be the right direction

to go? I mean, he's definitely right about the fact that you could withdraw it without penalty

versus the 529. If it's not used for school expenses, then there would be a penalty 10%. So the question is,

how old are you? I'm 49.

My son's six.

Okay, your son is six.

Okay.

There's part of this where I like using the right tool for the right job because when you're, when you're investing in your Roth, obviously you're limited on the funding there.

And there's a good chance that you're going to want that specific

money that you're able to withdraw tax free in retirement for the purposes of you living and you would

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