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Reply to "Saving for college"
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[quote=Anonymous]I think it depends on how hard hit you would be by a shortfall in your account. I save around that much for college. If I get a good ROI, it will work out fine, and if I fall a bit short, my income is high enough that it won't be completely devestating. To me, this is a better place to be than be oversaving and risk paying a penalty if I need to use the money for something else. But maybe if my income were lower and needing to cover a shortfall would be crippling I would feel differently.[/quote]
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