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Reply to "Rich people - how much in 529?"
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[quote=Anonymous]OP- If it makes you feel better, we are a private school family that is not fabulously wealthy. No grandparent money. We've worked hard, but started late on the 529's as we put our 401k's first, which is the right thing. Kids can get scholarships, and there are other strategies to mitigate college costs. We only have $150K in our 529's. We will use it all. We don't know yet if our kids will give us grandkids. If they do, and we have excess wealth, we can start 529's for them when they're born.[/quote]
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