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Reply to "How much money do you have invested for college for your kids?"
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[quote=Anonymous][quote=Anonymous]OP here- wow- I'm surprised I got that much feedback but thank you.. I will look into coverdell as someone pointed out- and I'm not sure if what we have is enough but I'm just nervous about having enough with the market swings- I did move everything to super boring bonds etc. but it was depressing to see one year we put in let's say 20K and it was at 12K at the end of the year. And we did select age appropriate investments. I love the feedback so thank you.[/quote] That's exactly why we choose to start with a prepaid plan and when that is paid off, then go to another plan. At least we know at a minimum we can get the state university assuming they get in and then if we can pay for more/they do better, we can transfer that money to another school. Its a difficult choice and you also have to consider how much tuition and other expense are going up each year.[/quote]
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