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[quote=Anonymous]So we finally decided to start 529 accounts for our kids, who are 3 and 5. I lazily googled to find an estimate of how much we should be saving per kid each month. Apparently, I should be putting aside $670/month for my 3-year-old! WTH? We are solidly middle-class, thought definitely on the lower side of the income range for two-professional families in DC. And $670, times two (plus more, since 5yo is heading to college sooner), is WAY out of our ability to pay. Then again, my parents didn't pay for my college. (Not that they didn't want to--they couldn't afford it.) But I would love for our kids not to end up with the kinds of loans we have. Those of you who make under 200k/year--how much are you saving for your kids/ college? [/quote]
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