Save for College Now or Wait? (Our Oldest Is 14-What’s the Best Strategy?)

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Is it better to save cash for college once kids reach a certain age? We are finally at a point where we could put money aside for college but our oldest is 14.
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3 окт 2024

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Комментарии : 7

@eldersprig 21 день назад

there are 529 calculators that tell you how much to invest each month (after putting in state/private/specific college).

@keithredsox36 19 дней назад

Go to community college then a state school ! They should of talked about this… and actually major in something that makes money/ start to network.. I work in HR we don’t care where you went to school so go TO THE CHEAPEST

@SantaCruzRunner 20 дней назад

Love the advice of even having two buckets when you’re saving for college based on the time horizon of the investment.

@keithredsox36 19 дней назад

@cruisinusa5110 19 дней назад

@@keithredsox36If you want to be a lawyer it matters whether you go to Harvard or a no name school. Same is true of other fields. If you want to be in a high position go to the best school you can get into.

@rapfreak7797 21 день назад

Your 529 should still offer a cash equivalent option, or options. Don’t forget about tax advantages of putting into the 529 even off you’re taking out the same year.

@jm9565 20 дней назад

Keep in mind the APR on those cash options though. I stopped contributing to my kid's 529 when I got close enough to their matriculation date to go all cash, because Capital One was paying double the interest vs the cash option in California's 529. I don't pay enough in marginal taxes for that to be beneficial.