#college-savings

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from24/7 Wall St.
1 month ago

We're financially ready to retire, but are parents really spending $25k per year extra during college?

One Redditor suggested putting $50,000 into a 529 plan the day your child is born and then forgetting about it. Of course, you have to put the money into a good ETF for the funds to compound, but if you do that, you may have enough money for your child's college education.
Retirement
#retirement-planning
from24/7 Wall St.
3 months ago
Retirement

$40K used cars, $200K in 529s, and $20K+ a year in extras-are we underestimating the real cost of college years?

The Reddit user questions if $200K for college savings is enough amidst rising support costs from other parents.
from24/7 Wall St.
4 months ago
Retirement

Planning for college: Are parents budgeting $200K in 529s plus $20K+ per year in extra spending?

Balancing savings for college and retirement is crucial for financial security.
Many expenses for college exceed what a 529 plan covers.
A financial advisor can aid in aligning savings goals for college with retirement.
Retirement
from24/7 Wall St.
3 months ago

$40K used cars, $200K in 529s, and $20K+ a year in extras-are we underestimating the real cost of college years?

The Reddit user questions if $200K for college savings is enough amidst rising support costs from other parents.
more#retirement-planning
fromwww.nytimes.com
4 months ago

How Should You Invest in 529 College Savings Plans During Market Swings?

Investing in volatile markets can be particularly stressful for parents depending on their savings for imminent expenses like college tuition. Market unpredictability is a constant challenge.
US news
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