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[quote=Anonymous][quote=Anonymous]We started funding my daughters' 529s as soon as they were born. We started with $2500 each annually in my account. As our incomes grew we added $2500 each annually in my wife's account. It felt hard originally to put away $420/mo. It got easier and we went to $840/mo. Oldest DD will finish with money for grad school available, or an IRA rollover with some additional left over.

My younger DD is well on her way to a little more when she reaches college age.

Compounding works wonders. [/quote]

How much did you wind up with? Is it too much? We put away about $2500/year for each kid and now have enough to pay for UMD today...for our 11 year old. I know prices will continue to increase, but also don't really see the benefit of sending my kids to expensive privates without aid (we're in that $150-200k HHI range but it sounds like that can be donut hole). I actually do wonder if the PP's advisor who said to cap it at $200k was giving good advice. [/quote]

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