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re: Best investment vehicle for minor children

Posted on 3/9/10 at 3:54 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 3/9/10 at 3:54 pm to
quote:

I couldn't find a reverse annuity calculator online, and no way can I do it long-hand. So I went 18 x $5,000 = $90k. Add interest to that, and you get "over $100k by the time they graduate HS."



It's all in the eye of the beholder.

You're right with interest, it's over 100k, but the burn was too good to pass on.
Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2552 posts
Posted on 3/10/10 at 1:35 pm to
try La's 529 college savings plan. Believe or not, but it is actually quite good.


www.startsaving.la.gov
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