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Money and Finances
Reply to "do we have enough saved for college"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]750K is not enough these days. Our target is 1M for 2 kids[/quote] OP stated they could cash flow more. So it's a personal choice. If you at all think they kids might want to attend what is now a $85K+ school, then yes you need $500K/kid or a method for paying for that, as it does not all need to be in the 529 [/quote] I was thinking the 1M post was a troll... right? 1M, no big deal for the average middle class person to save that right?[/quote] $1M is realistic amount for 2 kids in 12-14 years starting college, if they attend a school that's currently $85-90K. FYI---a true MC person will get FA at many schools. Also, there are tons of excellent choices that give merit aid to top students, so if you don't want/can't choose to save, you can still find affordable options. [/quote] Actually per the "donut hole" this MC person and many others will be just over the threshold to qualify for FA.[/quote]
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