How much have you saved for kids college?

[Anonymous]

out=our (sigh)

[Anonymous]

Anonymous wrote:When out young children are college age there will be many more, and better fitting, alternatives to traditional college.

I'm not counting on that or those alternatives being affordable. I don't want my child at an online school living at home or in an apartment without the typical college life. We did a prepaid and paid it off by age 4. We have been putting a few thousand away each year since but will increase when we can.

[Anonymous]

Do any of you think you will save too much money for college. For example: are you saving for an expensive private school, but your child ends up going to a state school?

[Anonymous]

Do any of you think you will save too much money for college. For example: are you saving for an expensive private school, but your child ends up going to a state school?

Well, you could do a few things in that case. For one, you could save just enough to pay for in state tuition in 529s, and save the rest in index funds/investments that are more fungible (yeah, you have to pay taxes on it and don't get the tax benefit, but you have all your bases covered). Or you could use the rest for graduate school.

[Anonymous]

Anonymous wrote:

Do any of you think you will save too much money for college. For example: are you saving for an expensive private school, but your child ends up going to a state school?

Well, you could do a few things in that case. For one, you could save just enough to pay for in state tuition in 529s, and save the rest in index funds/investments that are more fungible (yeah, you have to pay taxes on it and don't get the tax benefit, but you have all your bases covered). Or you could use the rest for graduate school.

You're saving too much for college if you haven't maxed out your retirement and won't have your mortgage paid off before retirement. End of story.

[Anonymous]

Kids are 6, 4, 2. We have ~79k, 55k, and 29k in their accts.