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College and University Discussion
Reply to "College Planning Upper Middle Class"
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[quote=Anonymous]Yes PP 11:52- it's OP and you are one of the people nitpicking this to death. If you know how to do compounding in Excel start with time zero at $0 take $40K in new contributions per year and compound it by 7%. Then take the next 15 years with new contributions at $50K per year and compound it by 7%. That gives you almost exactly $3M. Obviously that's not exactly how it worked out for us but just to show you it's possible. I'd really prefer to get back to my OP which is about how much philosophically to contribute to college and potential med school. [/quote]
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