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Reply to "Stop 529 contributions?"
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[quote=Anonymous]Two children, 11 and 8. We have about 100K saved for the 11-YO and 65K for the 8-YO and I'm wondering if we can stop for he 11-YO. We want to be able to fund almost the whole amount for a public university. I had read that if you save more than it costs currently (more because costs will rise faster than inflation), then that is enough because one's savings should hopefully keep pace or nearly with rising costs; 100K is definitely more than current costs. Yet when I use the calculator at savingforcollege, it tells me I still need to save much more, so I'm confused. Any advice appreciated. TIA. [/quote]
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