Anonymous wrote:

Anonymous wrote:That much money should never be in a restricted account. The time wasted trying to figure out where it needs to go is not free.
The time it's not in non-restricted account growing without fees, is money lost.
Kids never learned to grow the money and neither did you. 529 did it for you with lower return.

Depends on what you did. American funds are solid. No lower return.

+1000

And you get the perks of 15+ years of tax free growth. Stupid to pass the tax free growth up imo

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Our kids are on the other end. One of them went to a $90k+ school, the other received merrit aid at a less expensive school, and used the balance for grad school.

There's no such thing as too much, because you can always change the beneficiary - keep it your kid's name until they have kids - now you're funding generational wealth

Not everyone wants to do that. In fact, most people don't.

I suppose. Most people – such as yourself – are selfish and lazy and would rather buy themselves a mid-life crisis mobile or Mediterranean cruise than fund their grandchildren’s education.

The mentality of not wanting to over fund a 529 = buying a cruise is bananas.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Our kids are on the other end. One of them went to a $90k+ school, the other received merrit aid at a less expensive school, and used the balance for grad school.

There's no such thing as too much, because you can always change the beneficiary - keep it your kid's name until they have kids - now you're funding generational wealth

Not everyone wants to do that. In fact, most people don't.

Not everyone is financially able to do that.

There, fixed it for you.

No shit, Sherlock.

You can now use up to $20k from 529s for private school tuition k-12 as well.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

I would stop. We don't intend to pay for grad school. Stopped funding the 529 when it was clear we had enough to cover in state schools. We continued saving the same amount but put it in our regular brokerage account so we can use it for other things, e.g. gave DS $15k towards a cat when he finished college. One kid went to an in-state public and the other OOS with enough merit aid to match in-state cost.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What an idiot

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

lol

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

I didn't have a 529. My son got into a Top 20 college. It costs around $60k per year. I contribute $24k, he takes $6k in student loans and the school gives him a $30k scholarship per year

Some of you are just insane spending all these money for a 4 years degree. Crazy.

Are you guys aware that universities provide scholarships? Just checking

Are you aware that many either easily have the money, have grandparents paying the bill, or have saved since their children were little to be able to afford $100k colleges for their children?

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

+1

In what world is 200K enough? Esp since 529s can cover myriad university-related costs.

In state

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

I didn't have a 529. My son got into a Top 20 college. It costs around $60k per year. I contribute $24k, he takes $6k in student loans and the school gives him a $30k scholarship per year

Some of you are just insane spending all these money for a 4 years degree. Crazy.

Are you guys aware that universities provide scholarships? Just checking

Top schools do not offer merit aid and many family's do not qualify for financial aid but don't have 80k a year in tuition.

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

I didn't have a 529. My son got into a Top 20 college. It costs around $60k per year. I contribute $24k, he takes $6k in student loans and the school gives him a $30k scholarship per year

Some of you are just insane spending all these money for a 4 years degree. Crazy.

Are you guys aware that universities provide scholarships? Just checking

Anonymous wrote:

Anonymous wrote:Our kids are on the other end. One of them went to a $90k+ school, the other received merrit aid at a less expensive school, and used the balance for grad school.

There's no such thing as too much, because you can always change the beneficiary - keep it your kid's name until they have kids - now you're funding generational wealth

Not everyone wants to do that. In fact, most people don't.

Not everyone is financially able to do that.

There, fixed it for you.