Use some simulator tools and see what you come up with …it’s fun to play around with

I like HonestMath app myself ..try it out

Original poster said he hoped to have $120k saved

Using that as a bases

The Software ran 10000 simulations (I did it based on S&P returns of 10% per annum, my daughter 529 is right at 15% since inception mind you)and worst case scenario would be that she was short $2500 at time of graduation

Best case is she had $40k left in account

I will take those odds any day of the week

This post was edited on 3/13/24 at 10:12 pm

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Posted by BallyHOO

Member since Oct 2005

6845 posts

Posted on 3/13/24 at 10:11 pm to masoncj

For those living in Louisiana…
Is the LA Start program the best option for a 529 or is a firm like Vanguard or Schwab better?

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Posted by slackster

Houston

Member since Mar 2009

85396 posts

Posted on 3/13/24 at 10:37 pm to masoncj

quote:
Original poster said he hoped to have $120k saved Using that as a bases The Software ran 10000 simulations (I did it based on S&P returns of 10% per annum, my daughter 529 is right at 15% since inception mind you)and worst case scenario would be that she was short $2500 at time of graduation

He’s already at $120k based on his post and he’ll be at $135k in short term options in 2.5 years.

Also, that math makes no sense in a simulator. The worst case scenario in such a small window is far worse than running out the month before graduation.

You are using much different numbers than the OP presented.

ETA- for the sake of clarity, what hypothetical did you run?

This post was edited on 3/13/24 at 10:39 pm

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