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Reply to "How much to put into 529s?"
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[quote=Anonymous][quote=Anonymous]We have some money coming in from an inheritance and want to put a large portion of it towards our kids' 529s. What is everyone's thought as to how much is enough? We'd be paying for college only, and for now it seems all of the kids would do some kind of 4 year college. Of course, we know that may change. Kids are 13, 10, and 7.[/quote] How much do you have? We have nearly $180K in our kid's 529 and it won't cover most private or OOS options. You may say "then go instate" but that is not always the best option. And there are dozens of reason why this may be the case. Put at least $200K/each in the fund for each kid, pref. closer to $300K.[/quote]
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