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Reply to "Is NW of 4M as a 50 yo good enough"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I love it when posters claim they will "just cash flow college" because they can't even figure out how to save for college ahead of time. Bwahahaha. [/quote] They should try to cash flow it now and see how it goes. Then stick the test cash flow college money into savings/investments[/quote] We cash flow private school, which is about the same as many college tuitions.[/quote] In that case, if you are already paying $30-40K/year for a kid to go to HS you can continue that for college. But Can you really pay another 50-60K for expensive privates? If you can, why are you not currently saving that $$$ into 529s and letting it grow tax free? [/quote] Tuition is more like $45k, and once they are done with HS then they will be in college so the HS bill goes away and the college bill starts.[/quote]
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