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Financial survival for older parents

Saving for retirement should be more important than saving for children's college expenses, reports LEWIS BRAHAM

Long-term planning: Older parents are advised to extend the lengths of term life policies to cover their children's college years. - PHOTO: BLOOMBERG

WHEN Barrow Barre quit her job as a pathologist in New Orleans to raise her newborn twins, the 37-year-old told her husband Gregg he'd have to start saving more for their retirement. His response: "Retirement? I'm going to have to work till I'm dead!"

Barrow is part of a wave of parents

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