Hello
I am 44 Yrs old.
Have 2 kids, 10 and 6.
I would like to fund my kids education completely.
Currently has two 529's accounts for each kid, one for the state we live in (tax deduction), Nevada-VG.
10 yr old has 628K-total
6 yr old has 483k-total.
I did these contributions, after I calculated cost of college using vanguard college savings calculator - to cover 8 years and expensive private college option.
I am planning to contribute 5k per year per kid going forward- just enough to get state tax credit.
Any other aspects that I need to be considering ?
Appreciate any insight and input
Thanks in advance.
I am 44 Yrs old.
Have 2 kids, 10 and 6.
I would like to fund my kids education completely.
Currently has two 529's accounts for each kid, one for the state we live in (tax deduction), Nevada-VG.
10 yr old has 628K-total
6 yr old has 483k-total.
I did these contributions, after I calculated cost of college using vanguard college savings calculator - to cover 8 years and expensive private college option.
I am planning to contribute 5k per year per kid going forward- just enough to get state tax credit.
Any other aspects that I need to be considering ?
Appreciate any insight and input
Thanks in advance.
Statistics: Posted by rams — Fri Oct 04, 2024 5:13 pm — Replies 4 — Views 282