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Reply to "How much do you put into a 529 each year?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$25 a month for my two year old. Go ahead and laugh. $200K HHI, in non-profit and govt with my own law school loans I'm still paying. We save more for retirement, and will help DD as much as we can.[/quote] Totally not laughing. That's better than we did when our kids were young. [/quote] We're in the same boat, fluctuate from $25-$50 per month, per kid. HHI only about 160k, 3 kids, oldest is 6. When student loans are paid off (another 1 1/2 years) all that $ goes to college fund. We aim to throw the bulk of future raises into college funds as best we can. It won't cover 100% but we'll do as much as we can. In our cases, parents had nothing to give for college, so I feel at least this is better than nothing.[/quote] We're $25/month-ers, too. No more loans, but HHI closer to 110k. Planning to ramp up some after daycare is over. Between savings, our future cash flow, any scholarships/grants/gifts from grandparents, and our kids' PT jobs, we'll keep loans to a minimum, and help them pay off as much of them as quickly as we can. [/quote]
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