Reply to Overfunded 529? What to do with the money?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just curious: How much did you save in the 529? Depending on where my kid goes to school and if any scholarships pop up, I could be in the same boat. [/quote]

NP - We have 200K. We'll sit on it for grandkids (God willing). By then college will most likely be 200k a year anyway so they'll need all the help they can get.  :D [/quote]

200k not enough for 4 years of college.  Tuition and room/board almost 90k right now at DC’s SLAC[/quote]

Well, since you were a jerk to this poster, I’ll be a jerk back. You are dumb to pay that much. All so you can brag to your friends where dc went to college? Silly [/quote]

It can matter where you go to school.  You can not take advantage of the better schools and blow that and many do but yes it does matter no matter what you do.  Having sadi that -- there is nothing wrong with what PP did.  Sounds perfect for them.  Not sure why anyone would be critical.  If you have it invested properly -- it could be a nice sum by the time grandkids are there.  A lot more than you think.  But you need it fully invested in equities.  One would expect a very good return over inflation.[/quote]

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