How much are you trying to save in total for your kids 529 plan? At about $45k for my 3yr old right now and don’t have a set target as of now.

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Currently targeting $250k for each kid

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Samesies

I put in 100k per kid, want to see if it can double

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Yup. Estimated $251k for “average” tuition and “average” scholarship for my class of 2027 high school daughter. $265k for son 4 years later. This would not cover full cost Ivy League but will cross that bridge if we get to it…

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Also are you planning on sending them to a private college or a welfare subsidized taxpayer funded institution

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Depends on what you want/hope for your child. Community college? State school? Trade school? That will determine how much you need instead of just guessing at a round number.

My high school senior wants to go to an ivy league school. That’s $400k over 4 years. For most people in Consulting, we don’t qualify for financial aid. And at many top 20 schools, they don’t offer merit scholarships. So I expect to have to come up with on average, $100k/year for four years.

Kid 1 is 9 - have 200k. kid 2 is 5 - have 150k. Targeting 300k each to cover them.

Had 187K for the first kid 212K when second started college

The only catch to such high 529 accounts is that you are almost guaranteeing no financial aid.

If you earn over 120K your kids ain’t getting any need based aid

Enough to pay for a state school

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