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Reply to "How do most middle to UMC families pay for college?"
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[quote=Anonymous][quote=Anonymous]Start saving in 529 plan at birth. Use a low fee one with good options like Utah. Do as much as you can afford and don't stop. The balance will accumulate to a big number over time. 13 year old has $350k and I'm no longer contributing. Slow and steady does the trick. [/quote] This. It’s like everything else in life. Slow and steady. We are UMC. Saved a small amount every month since kids were born. Moved savings from daycare expenses to 529’s for several years for each kid. Threw part of bonuses at 529s. End result is two fully funded 529’s for kids to go whenever they want to school. One is full pay at a T5. We will see what the other one ends up doing. [/quote]
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