How are those 529 Plans looking for c/o 2022 - 2030 parents?

[Anonymous]

How has the freefall affected your DC’s college planning?

[Anonymous]

We pulled 400k from the market a few weeks ago, in anticipation of recent events.

[Anonymous]

The market has exceeded expectations by so much in the last decade+ that it's still doing just fine.

[Anonymous]

It's bad. This president is literally taking money out of American pockets and putting them into his own corrupt side deals.

We'll probably maintain the same college $ plans (full pay) but may expand search outside US so that our $ can include colleges without impact to faculty/curriculum/freedom of expression and to avoid climates of fear.

[Anonymous]

If you ate today’s losses, don’t make them permanent by taking your money out now! If you have an extra 10k sitting around think about funding extra.

[Anonymous]

Anonymous wrote:If you ate today’s losses, don’t make them permanent by taking your money out now! If you have an extra 10k sitting around think about funding extra.

Quaint!

[Anonymous]

The terrible overall returns on my Virginia pre-pay 529 plan were anticipation of times like these.

[Anonymous]

I hope his voters are feeling pain and questioning life choices.

[Anonymous]

Anonymous wrote:How has the freefall affected your DC’s college planning?

College sophmore and HS senior. We keep 3 and 2 semesters in cash respectively. 15% and 25% in stock so think we'll be alright.

[Anonymous]

Anonymous wrote:The terrible overall returns on my Virginia pre-pay 529 plan were anticipation of times like these.

So much this. Glad to have a kid at WM on a prepaid 529 today.

[Anonymous]

Anonymous wrote:We pulled 400k from the market a few weeks ago, in anticipation of recent events.

I redistributed my kids' 529s a few weeks ago to have 30% stocks and more bonds/money market. I have a freshman and junior.

[Anonymous]

Anonymous wrote:If you ate today’s losses, don’t make them permanent by taking your money out now! If you have an extra 10k sitting around think about funding extra.

But don't you think it will fall a little more? I am thinking something like this, but just not sure how long to wait....

[Anonymous]

Unless you have a kid in college you can't just pull the money out

[Anonymous]

Anonymous wrote:Unless you have a kid in college you can't just pull the money out

PP here. By “pulling money out” , I meant reallocating from stocks to interest-bearing safe investment within the 529 account.

[Anonymous]

For families relying on a 529 account to fund the college years, I’d guess there are several hundred of them who didn’t find shelter in the past six months for every one of you that managed to evade the freefall.

Sucks for them …