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Reply to "How much have you saved for kids college?"
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[quote=Anonymous][quote=Anonymous][quote]Do any of you think you will save too much money for college. For example: are you saving for an expensive private school, but your child ends up going to a state school?[/quote] Well, you could do a few things in that case. For one, you could save just enough to pay for in state tuition in 529s, and save the rest in index funds/investments that are more fungible (yeah, you have to pay taxes on it and don't get the tax benefit, but you have all your bases covered). Or you could use the rest for graduate school.[/quote] You're saving too much for college if you haven't maxed out your retirement and won't have your mortgage paid off before retirement. End of story. [/quote]
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