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Reply to "How much to put into 529s?"
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[quote=Anonymous][quote=Anonymous]What are all you people with 400k for a 10 year old going to do when they go to a cheaper state school? [/quote] I'm wondering about this, too. Aren't withdrawals from a 529 limited to the listed cost of attendance? So 400k at 10y with no further contributions and 5% yearly growth becomes $590k at 18 years old. CoA would have to be $140k per year to use up the money for a regular 4-year degree. Perhaps this is already budgeting for graduate work in a professional field or grandchildren or something.[/quote]
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