Reply to If your HHI is between 200-300k, how much will you have saved for college

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Our children are young so we still have time to save more. We set it and forget it with college savings. At last look we had $60k in the 529 and $40k in iBonds and another $22k in a Roth IRA all earmarked for college tuition. So that’s $122k and our oldest will start college in 2032. We are on track to provide in-state tuition at a public university for our 4 children (2 bio, 2 adopted). We understand room and board will be subsidized by a campus job, ideally residence life as an RA and a small amount of student loans if needed. We feel comfortable about providing our children more than what we had from our families when we started college even though it will be less than enough to cover full tuition, fees, room, board and incidentals. Hopefully at least one has a scholarship in their future. [/quote]

Why does it matter if 2 kids were adopted?  How does that affect college savings?[/quote]

Because there are provisions for education for our 2 adopted children provided by a 3rd party, not us. We still save for them and know there will be additional funds available for them because of their adoptive status. These resources are not available to our bio children.[/quote]

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