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Reply to "529 Money --Too Much?"
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[quote=Anonymous]We do 1250 a month per kid. Comes out to 15k a year per kid (we have three). We're planning to save about 200k into their 529s and then put the rest into a regular taxed investment vehicle. The likelihood of them using the 200k even just for state school and grad school is high. Our oldest is 8 and has ~ 130k. We'll continue saving after that but then it'll be in accounts we control but is mentally earmarked for them for weddings, down payments, etc. We don't feel the ~4k coming out of our monthly budget so our thinking is we'll just continue to save it until they are completely independent (which probably won't be until their late twenties going by what I see nowadays). [/quote]
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