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Reply to "How much are you saving for college?"
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[quote=Anonymous]Saving $1,000 per month for 10 years at 7% annual return amounts to $173k. Agree with others that you should split the savings between 529s and unrestricted accounts. We save the tax-deductible amount for each of our two kids in 529s, just over $200/month each, and started doing so when they were just a year or two old. We also have a generic pot of non-retirement long-term savings.[/quote]
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