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Reply to "How much do you save for 529?"
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[quote=Anonymous]I admit I’m confused by the amount we are supposed to invest ($1,200 per month) for each child to fund private college. That means we will be investing approximately $259k over 18 years. That is enough to pay for private college now at 60k per year. Is the calculator not including any appreciation?!? Our goal is to invest at least 60k by age three. This is one year of tuition. I sure hope this would grow to at least two years of tuition by age 18, which would be in 15 years. [/quote]
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