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Reply to "How much did you save for college this year? "
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[quote=Anonymous][quote=Anonymous]When you all say "maxed out" retirement, are you contributing the full $17,500?[/quote] Presumably OP means $35K for two. Still, $35K + $6K ought to leave quite a bit to work with off of $370K, even accounting for taxes. I imagine the downpayment took a chunk of that this year, but that won't be a recurring cost, so OP, perhaps you'll have more to work with next year and beyond? Is there also debt involved? Student loans can also gobble income quickly, and not everyone has those.[/quote]
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