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Reply to "Parents of little kids: What are your college savings goals?"
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[quote=Anonymous]Right now we are maxing retirement and paying off a HELOC and car loans. Plan is to at least cover two years of in-state by fifth grade, so around 40k. Contributing about 5k a year per kid to 529s. Will increase once we have paid off debt and don’t need a nanny anymore. Medium goal is about 80k. Long term goal to cover any school, assuming it is worth it. We make a good income but still, these are big numbers. Education costs are really out of control. [/quote]
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