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[quote=Anonymous][quote=Anonymous]What do you consider donut hole? It’s something of a subjective term, even if it’s not meant to be. Our HHI is currently $375k, we have about $380k in 529s, and another $600k in regular brokerage. We have $3M saved for retirement. We live below our means, so that $375k leaves plenty for savings. We can clearly afford to pay for our 2 kids to attend college without any aid. By that definition, we are not a donut hole family.

For the record, I agree we are not a donut hole family. But when you look at the situation subjectively, you would consider where our kids end up - in state or at a private paying full freight? And I know that it’s likely our income will drop significantly before the kids finish college. We’d also like to retire early, be able to help the kids get started professionally, and continue to take care of an aging parent. I think a lot of families in a similar situation may *feel* like a donut hole family, even though objectively they are not. [/quote]

You can't have it all - you'd like to retire early? Well, that's a trade off. I don't really like my job but my younger one will graduate from college when I am 61 so I have realized that, assuming he is basically self-supporting after college, it will be in my early 60s when I can resume really saving - I have two kids four years apart so will have eight straight years of college. A few of those are covered in 529 but some will come from cash flow so less saving.[/quote]

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