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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?
7
Posted on 5/15/22 at 7:58 pm to Rawdawgs
529 with Vanguard?
Posted on 5/15/22 at 8:15 pm to Rawdawgs
529. I used College Counts 529. No complaints
Posted on 5/15/22 at 8:21 pm to Rawdawgs
Congrats on the legacy!
Posted on 5/16/22 at 8:53 am to thelawnwranglers
quote:
529 with Vanguard?
Timing is good with the market down overall.
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 11:30 am to Stexas
Any little bit will help along the way.
This post was edited on 5/17/22 at 11:31 am
Posted on 5/17/22 at 10:22 pm to Rawdawgs
Dad, is this you ?
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.
Posted on 5/18/22 at 7:37 am to LSUOFFSHORE
We use the Louisiana 529 and put in $ 2000 a year for grandson . He is two . Paid for both of my boys bachelor degrees dong this at lsua .
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