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Reply to "$70k salary, if I max 401k what will take home be?"
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[quote=Anonymous][quote=Anonymous]In the absence of a large increase in your income your DD will likely qualify for [b]need based financial aid. [/b] Alternatively you could put money in a Roth IRA and use it for either college or retirement, depending on your circumstances at the time.[/quote] It depends on what the other parent makes, too. My father was not in the picture and it was very, very, very hard to get the financial aid office of my college to accept this.[/quote]
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