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Reply to "Fully funded college funds"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Can someone define for me in today's dollar values what a fully funded college fund is? [/quote] It completely depends on the time horizon. Fully funded when DC is starting college next year is different than fully funded for a first grader. [/quote] Not really. I think assuming that college costs will increase in line with investment returns is probably in the right ballpark. So if it costs 250k now for 4 years at a private college, having 250k in an account now would cover it next year or in 10 years time, after you factor in the increase in costs and the return on your 529.[/quote]
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