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Reply to "How old are your kids and how much do you have saved for each of them for college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I started DC's fund at 10K when he was born in 2006, then contributed $[b]500K[/b]/month the next two years. I got a windfall in 2008 and contributed the maximum amount all at once, which was about $60K back then. Then I had to stop monthly contributions for 5 years. The market timing was extremely lucky because the Dow was at about 8K then. The account has grown so much that I don't contribute anything now - there is enough to cover in-state tuition R&B for 4 years, and I figure if he goes the private route I'll take it from taxable investments. [/quote] I'm pretty sure you can fund a whole football teams tuition. [/quote] Ha whoops that would be $500/month. [/quote]
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