Anonymous wrote:We aren’t using a 529, but are planning to use a Roth IRA (DH is 60 next year). $150k in it, DC is in 11th.

Bad tax planning. You're leaving money on the table.

We aren’t using a 529, but are planning to use a Roth IRA (DH is 60 next year). $150k in it, DC is in 11th.

We need to start. Have 1000 in an interest bearing savings account. How much are you adding per month? We are very much scraping by.

Anonymous wrote:Can someone handhold me on how to switch funds? When I go to the 529 website, I can’t seem to figure it out. I want to switch to the most aggressive fund.

So I’m thinking of switching to a less aggressive fund bc everything seems so uncertain right now.

HS senior. $315K

HS Senior 410k
8th Grader 325k

HS junior: 240K

Anonymous wrote:Can someone handhold me on how to switch funds? When I go to the 529 website, I can’t seem to figure it out. I want to switch to the most aggressive fund.

On the Virginia529 site, you go to Manage Accounts and then Change Investments/Move Funds. You can look at the overall performance of all the options under "Investment Options". We have one in college (UVA) and a senior in HS. I wish we had moved our funds earlier into the equity fund. We just left it where we started which was really stupid.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What are your kids ages and how much is in each 529?

I think we are about average. 6 year old has 25k and 8 year old has 30k.

Whyyyyy are you on this board?

Because OP is trying to figure out if they are saving enough. Good for you, OP.

OP can’t figure out if she is saving enough by looking at tuition costs, income, other savings, Google? OP needs to ask others in order to figure this out? “Good for you?” Good that she’s asking others what they have?

We have $180,000 for our senior. We didn’t think that was enough. But he just got into a state school so we are 100% covered. Feeling incredibly grateful for this newfound financial position.

Can someone handhold me on how to switch funds? When I go to the 529 website, I can’t seem to figure it out. I want to switch to the most aggressive fund.

Anonymous wrote:

Anonymous wrote:What are your kids ages and how much is in each 529?

I think we are about average. 6 year old has 25k and 8 year old has 30k.

Whyyyyy are you on this board?

You realize it takes most people a little planning to save $200k+ for 2 kids?

4th grader, 243K. We “superfunded” 5 years’ maximum allowance (180K) this year. We’ll see what higher education cost is when DD is in high school and contribute more if necessary.

Barely any.

We have $80k for our 10 year old and $65k for our 8 year old, just due to market conditions of when the accounts were started. I don't plan on funding once either hits $100k. We'll cash flow what isn't covered by that if we need to.

We had a generous grandparent help fund it that high. The accounts would be about half those amounts without the help.