UnThreaded | Threaded | Whole Thread (48) | Ignore Thread Prev | Next
Author: 2gifts Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75528  
Subject: Re: retirement for my 2 and 4 yo?? Date: 6/30/2007 3:39 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 3
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.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (48) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Macro Economics

U.S. Stable, Europe Stalling
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement