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Reply to "Only 100k in 401k at 50"
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[quote=Anonymous]You have gotten some good advice here. Focus on maxing out 401K and Roth and building an emergency fund. Your kid should focus on college scholarships - she should study hard for the SATs and get good grades. Since you likely are not able to invest enough to make a meaningful dent in the cost of college, I would focus on making your kid a good candidate for scholarships (put money aside for SAT prep, college counselor, extracurriculars). A couple thousand a year for that will go a long way. [/quote]
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