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Reply to "At what cost do you help your adult kids after getting them through college? "
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[quote=Anonymous]I think I'm going to put $19k per kid into a UTMA for them to use for young adult expenses after they graduate - this could be for a down payment, wedding, rent their first few months, whatever. I'll have already given them a car. I plan to be retired by the time the oldest graduates, and it eases my anxiety to just set aside some money in a bucket for them and tell them that's all there is and it's theirs to manage. I'll communicate what's there, so expectations about future assistance after undergrad are clear. Plus, they can use whatever is left in their 529 plans after undergrad. They have enough for Stanford, but it might make sense for them to go to UVA instead and use the rest for medical school if that's what is calling them. [/quote]
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