529.OMG: Saving For A College Fund
From The Upfront Blog
November 29, 2012 - 4:03pm
When it comes to saving for college, there are five important questions: How much should I save? On what schedule? In which kind of plan? Which state 529 plan? What underlying investments should I pick? Based on the fact that you’re reading this blog, you likely already know how important it is to save for your kids’ college education. You may have already started the process. If you have a newborn daughter, you’ll need roughly $490,000 to pay for her engineering degree at Stanford, or $240,000 for a poli sci degree at UCLA, assuming higher education costs increase by 4% a year. Multiply that by two or three to take into account your other (future) children, and the amount seems [...]
November 29, 2012 - 4:03pm
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