>> So assuming you didn't hit a landmine in the early to mid teens, I would likely be pretty heavily in fixed income by years 15 or 16 of that plan. But that would also reduce total return. That's a very important point. But of course not all college expenses are paid up front. The cash flow is spread out over four years, so only part of the funds would have to be placed in something less volatile at age 15-16.<<<<Absolutely true. I'd be comfortable with 1 to 2 years tuition in Fixed at age 15 or 16. I saw too many great college savings plans get torched in 2008. I say this because my son was a Freshman in 2008 I'm really glad we went conservative on his college plan a few years before.P.S...when he was a kid he had $700 in savings. At the time Berkshire B was at a give away price of $1400. I told him I'd match his $700 if he bought. Baby B. Now he's working in Financial Services and that 1 B split to become 50. And I think it taught him more than most college courses about the rewards of buying extraordinary businesses at fair prices.
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