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but my job isn't something I feel I can really count on.
At this point, I'm able to put about 20% of my money away for retirement. I'm 35, so I do need to save as much as possible. I also need to save more money for myself: increase my efund, at the very least.

You can't get a loan term loan for dealing with expenses when you're unemployed. You can't get a loan to help you pay for your retirement expenses (unless you have a home and are reverse mortgaging it.) Your son can get loans to help pay for college. And low income families are eligible for significant financial aid (grants, not just loans).

So I really think college savings should come after:
- efund
- disability & life insurance for you
- training/education it would take to get you into a job that you feel like you can count on
- fully funded Roth IRA
- savings for other goals, like the next car and repairs to this house or money for a house downpayment

Honestly, increasing your earning potential would be the best way you could save for college for your son right now.

If you can't feel good about yourself unless you're saving for college, put $50 a month into your Roth IRA and earmark in your own paperwork for college. And for more information on 529 plans you can check out but I really don't think they're right for you.

Good luck!
- Megan

(who, by the way, went to an Ivy League college primarily on loans and grants.)
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