Late start to college savings. We have 4 kids ages 13, 12, 10 and 8. We make $170k per year. We just paid off 24k in debt over the last 10 month’s. Working on our emergency fund now and then looking to resume retirement investments and 529s.
We will have about $917 per month (11k/year) avail to invest in 529s.
Question: if you were in this situation, would you do 529s? If so, how would you start allocating these funds among the four 529s.
I live in California so I am not worried about tax deductions so what state’s 529s would you suggest I go with and does it matter where I should open the 529s (Vanguard, schwab, etc)?
Thx!
Submitted January 29, 2018 at 01:27AM by greendeake http://ift.tt/2nncS53
