Reply to How much to fund 529?

Forum Index » Money and Finances

Reply to "How much to fund 529?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$400,000 each lowest and $700,000 each if med school or law school a possibility. [/quote]

Lol [/quote]

It's reasonable for some people to save for law school, medical school, and other higher educational costs.  My parents paid for those things, and they are still over the estate tax limit.  When I went to school, the total cost of attendance was $50k (now it is over $90k), and my parents' income was over $1m at the time, so from their perspective, paying for undergrad and graduate school was a no-brainer.  It didn't affect their quality of life, retirement plans, etc.  [/quote]

I don't know the stats but if were to guess I would say [b]maybe 2% of the US population has a yearly income over $1 million[/b]. With a single year salary they can finance your entire education. 98% of Americans don't have that privilege.[/quote]

More like 0.5%.

Their answers to these questions are completely irrelevant.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics