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since the college savings is maxed out

How do you max out college savings? I'm just looking at colleges now for my twins, and we're looking at bills in the neighborhood of $40k-$50k per child per year. So for both kids, it's going to cost us around $320k-$400k for them to go to school.

If you were able to already save that up for each child so that their college is fully funded and will keep up with the increases in tuition over the next 14 to 16 years and fully fund for your retirement, you're doing better than a lot of people.

Somehow, though I'm not sure this is what you meant by having the college savings maxed out.
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