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College and University Discussion
Reply to "2025 & 2026 donut hole families"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not donut hole, I guess. Harvard, No FA HHI under 200. Assets 2mm in brokerage, 1mm in retirement, 1mm house (paid off, we bought 25 years ago for 300k), 100k in 529. We are small business owners and are limited by earned income as to how much we can shift to retirement. 2 younger kids I think if we had 2mm in retirement and 1mm in brokerage we would have gotten aid. I dont really understand why colleges care where the money is. Our brokerage includes our retirement money, it's just not tax advantaged. [/quote] $1M in broker Means full pay everywhere. Same for $1M in home equity at many schools. [/quote] 1mm in brokerage = about 55k in expected contribution. If you’re making under 200k at very top schools, that may be all you pay. It’s a lot less than 95k[/quote]
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