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Reply to "Invest more in 529 v. Paying down mortgage"
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[quote=Anonymous] We are currently investing 1,000 per month per child (2). The kids are in 6th grade and 4th grade and we have about 40k each in 529s. I just did a college calculator and it said that if we want to have 60% saved by the time that they start college, we would need to save over 1,800 per child per month. And we would still have to pay 40% out of pocket as we go. I am nervous about investing more in the 529s each month (okay with keeping up the 2,000 per month). I am wondering if it would make more sense to pay down our mortgage. We have 14 years left on a 15 year. It's about 400k. [/quote]
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