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re: Does anyone NOT save for your kids college?
Posted on 8/15/13 at 6:04 am to makersmark1
Posted on 8/15/13 at 6:04 am to makersmark1
quote:
IMO, a person should save for retirement to the max. If you have money leftover, I guess 529/Coverdell are ok.
100% agree. We did not stray from retirement plan, we simply invest more. We're looking for ROGI, return on genetic investment
The saving account we get 1.5% on also is very interactive and fun, teaches kids about value of savings, why I'm such a huge proponent of local banks.
1
Posted on 8/15/13 at 8:25 am to ItNeverRains
I don't have a family, but I'm putting money aside in various styles of tax efficient dividend paying stocks in a taxable account.
When college time for any possible kids, I will supplement my own income with the revenue stream of that accumulated pile to help pay for it, allowing me to save for both retirement and kids college in one.
Note that this is in addition to my standard retirement accounts.
When college time for any possible kids, I will supplement my own income with the revenue stream of that accumulated pile to help pay for it, allowing me to save for both retirement and kids college in one.
Note that this is in addition to my standard retirement accounts.
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