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College and University Discussion
Reply to "Did you folks not do ANY saving?"
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[quote=Anonymous]We just save in 529 enough to get state deductions. Rest goes in general brokerage account. One can always borrow for college, but not for retirement or some other unforeseen events. Plan is to cashflow the college, if that's not possible then income has dropped and there might be some FA or what not, perhaps kids can study in Europe, etc. 529 are overrated for regular umc types with medium 6 figure incomes, I like to focus on financial independence instead.[/quote]
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