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Reply to "Parents of little kids: What are your college savings goals?"
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[quote=Anonymous]HHI is 500K. We put $500 in a month. We max our retirement and also put money into a brokerage account. We live in a state with no income tax so we don't get any state tax benefit from the 529. Whatever isn't in there by the time they go to college we will just pay for. I want them to go wherever they want - either state or private - and that we will cover it (something my parents were not able to do for me). Now - will I pay for them to go to some crappy private college for 70K a year over our very good state school here? No. But if they get into an Ivy/same level, you better believe I will spring for it. [/quote]
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