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College and University Discussion
Reply to "those with kids in college or entering now--can you share your actual financial (tuition) breakdown?"
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[quote=Anonymous]HHI: ~$180k 1 entering in fall, 1 two years later Annual College cost: $40k for tuition/fees/R&B for first We have saved a mix of 529s, prepaid tuition (which he will not be using and we will cash in two years if his brother does not go instate), ROTH IRAs and other savings. We currently put in ~$10k a year into those funds and if his brother goes in state or to a similar cost oos state school, we will have enough without having to cut our 401k contributions or other spending or getting a higher paying job. We put enough in 529 to cover what the prepaid in state tuition does not cover (R&B essentially). The rest we have put into ROTHs and other savings. [/quote]
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