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New Grandpa here. What can I do to start a sound college savings plan for my little guy?
Posted on 5/15/22 at 7:50 pm
Posted on 5/15/22 at 7:50 pm
I am almost 70. Want something on auto pilot. Lump sum or monthly ok. Is Gerber good?
Posted on 5/15/22 at 8:15 pm to Rawdawgs
529. I used College Counts 529. No complaints
Posted on 5/17/22 at 9:36 am to Rawdawgs
My father in law put $10k in a 529 for each of his grandkids when they were born. I chose to contribute $50/month to each of my kids. Although we took a bath for several years because he was hard headed and wanted to invest in foreign high risk stuff and we lost a lot of money for a while we ended up with decent results over the last 7 or 8 years that'll go a long way towards my two kids undergrad degrees.
Posted on 5/17/22 at 10:43 pm to Rawdawgs
Congratulations! Nothing better than grands! I would suggest taking a look at 529 plans. You can dollar cost average each month which seems to work best for most.
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