- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
2
Posted on 4/24/19 at 7:07 am to tigersfan1989
I have an arbitrary amount of $200 per kid per month. I then plan to put some additional lump sums into the oldest’s account as it comes available. I hope that my oldest won’t need everything and i can snowball the unused portion down to the other kids.
Posted on 4/25/19 at 1:27 pm to tigersfan1989
quote:
Just curious but what savings goal are you aiming for? I’ve been struggling on how much to save monthly or total
My goal is $100k per kid. I also max out the amount which is deductible in Alabama ($10k per year).
I adjust my monthly contributions as returns come in and shift contribution amounts between kids. My hope is that I can get the 1st kid through college and get a better feel for cost and then get ahead on the next 2. In a perfect scenario, I could have excess in the 529 to pay for #3's private school tuition.
For reference, my kids are 10, 7 and 2.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News