Anyone already FIRE and have kids applying to colleges? Have you filled out the CSS profile in addition to the FAFSA. I’m asking as our income is 0 (drawing on Roths) but have very healthy balances in our retirement accounts. That wealth isn’t counted towards FAFSA but does count towards CSS. Any tips/opinions?

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It’s a good problem to have, in my opinion

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Likely best resolved with a mix of loans and side gigs. Depending on how many credits they are carrying in with them, there is also the option of trying to graduate a semester early to save $40k

Emancipate (on paper/legally) your kids so that there is no family contribution.

Correct that this is not an option - looked into this for my kids and was able todo this for myself half way through my freshman year so I’m very familiar with the process.

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A little unethical to be seeking grants / scholarships when you have enough resources to retire early. The aid sought through CSS is generally for those without means to pay.

It’s not selfish or stingy to want to be able to retire with dignity

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What’s CSS?

Correct but FAFSA doesn’t give you much. If you have $0 income and $0 expected family contribution on FAFSA, traditionally you’d get aid from the school itself. Well, now it seems colleges are modifying that $0 to 5% of your retirement and house equity balance. That would mean we’d need to take a mortgage to pay for college.

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