Re: How much for college?
We have one child who is almost 5 and we contribute 100$ a month to a 529 plan. According to the calculators I ran it won't be enough to fully pay for his college, but we plan on increasing the amount when he's out of his very expensive preschool. He also has his own savings account that he puts in 50% of any gift money and a decent amount of gift savings bonds. I would like to be able to pay for 75% of his college and have him responsible for the rest.
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