Reply to I’m told I need to INVEST $259k over 18 years

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[quote=Anonymous][quote=Anonymous]Though student loans and cost of college are an issue, I think this thread is overblown[b].  Cost of college has outpaced inflation (which has been unusually low in recent decade/s), but it hasn't outpaced appreciation if you invest in stocks[/b].  Also, the rate of undergraduate tuition increase has slowed in the last few years and at many institutions over 80% of students receive financial aid even in UMC families. Private schools award a lot of grants/scholarships--not all need-based.

Our approach was to save 60% of costs at the time when we started saving (we put lump sums for the first 5 years and invested mainly in stocks at the beginning, and then dribbled in just a few hundred here and there over the rest of the years from birthday gifts etc. so not ideal timing with putting everything in pre-2008, but it recovered and grew more) .  We're now 1 year out from college, have switched to 75% in FDIC insured accounts and short term bonds and 25% stock indexes and we have enough to pay all of the expenses at a private school if DC goes that route, or in state public plus some grad school.[/quote]

This.  [/quote]

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