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College and University Discussion
Reply to "HHI & Full Pay Threshold"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you kid is in elementary and has 10 years to go OP, your salary will rise between now and then. Even with a meager 3% increase, you will be at 300K. That is barring either of you making a jump for a 20-40% increase to advance your careers. You will DEFINITELY not quality for any need based aid. [/quote] This is the OP. I’d agreed if we had our daughter earlier. But I’m 47 and work a corporate job which has a limited time horizon at this stage of life. I’ll continue to work as long as possible but recognize that I’m not on the upswing if my career as daughter enters college so can’t rely on cash flow to pay. Realistically I could be involuntarily retired at 56, just as daughter graduates from High School. My husband is older, owns a small business and is the lower earner. [/quote] That’s why you start saving at birth or now. [/quote]
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