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Reply to "Is $1000/mo in a 529 enough?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. I was talking with a friend recently, who said "well you could be putting away more than that," which kind of surprised me because I thought we were actually saving on the higher end.[/quote] You shouldn't be sharing these details with friends. Probably why she responded the way she did. [/quote] Np. A lot of people assume college will be around 100k a year by then. It's already at slightly over 70k (sticker). 1000 a month won't cut it if it's up to 100k a year. [/quote] Actually it will. 1000 a month for 18 years is 216k. This is without any interest/appreciation. [/quote]
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