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Reply to "Paying for and saving for college - how do UMC people do it?"
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[quote=Anonymous][quote=Anonymous]You haven’t said much about what you are paying for housing and cars but on 320k salaries with no day care or tuition costs I’d expect you could max 401k and put $1-2k a month into 529s. Maybe do backdoor Roths (which can be used for either) too. [/quote] This is what we have always done (once we got through the crush of daycare). HHI started at $250k when kids were little and is now close to $400k. We put $1,250 per month per kid in a 529. Currently have about $200k per kid saved with 4ish more years till college.[/quote]
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