Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Is NW of 4M as a 50 yo good enough"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][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] Lol those posters are the funniest.[/quote] We “just cash flowed college” pretty easily. - Biglaw Partner [/quote] Why did you cash flow college rather than save in 529’s, which have multiple tax advantages? And no one cares that you’re a big law partner.[/quote] NP. We cash flowed the last two years because I didn't want to draw down on the 529 when it was down. I took out $40K for this semester's tuition and still have $40K more than we did last year. I'll leave any extra for the grandkids.[/quote] NP. We kinda do the same but route the money through the 529. In VA we get a 5.75% tax break on the contribution and we get to contribute upto the gift tax limit each year ($34K/child this year).[/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
