Anonymous
09/16/2025 20:53
Subject: 529 Allocation
Anonymous wrote:I clearly need some help. My kids’ 529 ain’t $hit. I mean I can only contribute $150 a month, but I’ve been contributing for 5 years and it’s barely 15k. Feeling sorry for my 6th grader.
You're doing great. Don't sweat the trolls here. Paying for college will be a challenge, but you'll manage it.
Anonymous
09/16/2025 14:49
Subject: 529 Allocation
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Don’t over contribute to 529.
If you can, why not? You can leave money in 529s forever. Your kids' kids' kids' kids' kids can benefit from your contributions if the money is untouched (and just imagine the compounding).
Put that extra money in your own brokerage account. It may not be as tax advantaged but at least it doesn't have a ton of strings attached. We aren't contributing as much as we could to our kid's 529 because we only have one child, and we're not 100% sure that by the time he gets to college it will be worth $500k for a private college degree. In 10 years, it might be better to become a plumber and own your own company.
Also, our parents' generation had tons of siblings, tons of cousins. My brother has 1 child. DH's brother has 1 child, and his sister is childless. We're not sure there will be generations of kids and kids and kids to inherit the 529.
You can use 529 money for a trade school in case your kids wants to become a plumber.
True but hopefully it won't cost $300k like OP has saved for their kids. Who knows, maybe by then it will...
Anonymous
09/16/2025 14:24
Subject: 529 Allocation
Anonymous wrote:I clearly need some help. My kids’ 529 ain’t $hit. I mean I can only contribute $150 a month, but I’ve been contributing for 5 years and it’s barely 15k. Feeling sorry for my 6th grader.
Something is always better than nothing, PP. And remember who responds to these threads. You're doing better than you think. Things will work out for your 6th grader.