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Reply to "If your HHI is between 200-300k, how much will you have saved for college "
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[quote=Anonymous][quote=Anonymous]OP here. Are you all between the 200-300k HHI? I feel like everyone on this board makes so much more than that. We have about 65k for the oldest-6 more years to go until college. I started contributing more this year. At the end, it will probably be just under 100k/kid. For the PP who said we don’t have to pay for college. I would like to help my kids at least not graduate with debt. It feels like so many kids already have a leg up in other ways bc of parental help. This seems like the least we can do. [/quote] I’ve posted a couple times. Yes. We long were at $250k-$260k and just recently within the last year a new job bumped gross up to $295k. When we started saving for our oldest we were making around $175k. After retirement, mortgage, food/utilities/clothes/etc, and daycare costs, we then made sure we put $4k away for the 529 before we allocated money to other buckets. To be honest we haven’t done any big family trips (we don’t have time anyway as we have two sets of long distance grandparents that eat up our vacation time), we keep cars for a very long time (currently have one that’s 19 years old), and neither of us has any expensive hobbies. Our kids do rec sports and extracurriculars offered at school at low or no cost. [/quote]
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