Reply to Savings - screened porch v college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, why did you post if you don’t want to accept any feedback? As others have said, stop paying extra on the mortgage and funnel any extra funds to your student loans. After that, save as much as possible in 529s and don’t stop until the second child has finished college. With a HHI of $300k, you won’t receive any financial aid. Also, please start speaking with your children to let them know they have limited funds for college.

We never broke $300k in HHI until last year and have $400k saved for three kids and a NW of $3.5. What have you been spending your money on? 
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I am not, not taking feedback - I said got it to consider adding more to college over porch.

I am talking to my kids - that we will pay for 4 years of in state tuition/room & board or the equivalent amount at a private college.  And they need to pay their own spending money.  I want them to have some skin in the game.  I am ok with this.

The way I had previously been looking at it which I guess everyone else is against - is UVA costs $40,000 a year to attend now (just an example).  We have the 529 - plus assuming after we pay off mortgage and just put that straight to college - an extra $3600x12= $43,200 a year to put towards college - so that's more than tuition.  (And, that leaves $1000 for insurance and taxes / month on the house).  I believe there are only two years where I will have 2 kids in college at the same time fwiw also.

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You haven’t answered this question: how much do you have in non-retirement savings? Your (taxable) HYSA or otherwise. That is how we will be able to tell you how off-base this situation actually is.[/quote]

Oh - I thought I said in the original post $1.2m.[/quote]

PP was asking for non-retirement savings. Do have $1.2 m in taxable accounts.[/quote]

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