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Reply to "Why do donut hole families"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So we are a donut hole family and are saving in our kids 529s. My fear is that the economy will completely tank and my kids will be SOL. What is going to happen to parents who did their due diligence with saving if the Stock Market crashes? [/quote] This is my fear which is why we also did a prepaid and got our lower cost house paid off before our kids will start college.[/quote] My fear, too. I can only afford to send my kid to college if the market doesn't tank. I've saved diligently in a 529 plan; however, if stocks and bands tank and inflation is extreme, I'm screwed. I can't afford to cash flow. [/quote]
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