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Personal Investments • We saved nothing for college...BUT...

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We would like to get some feedback on different approaches to prepare for this financial challenge (paying for college for two kids).
I think you already know the approaches:

1. Apply for financial aid.
2. Borrow money.
3. I believe that financial aid results will assume that parents stopped contributing to 403(b), 401(k), IRA and Roth IRA plans.
4. Tell your kids they had better get some jobs and work not only in high school but also in college like many of us did.
Number 3 has changed with the recent FAFSA updates. So, stopping retirement contributions would increase the SAI.

Statistics: Posted by queenofthemadhouse — Fri May 10, 2024 9:04 am — Replies 45 — Views 3371



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