I would bet you are totally fine. I think the mega-funded 529s come into play only in certain circumstances - income too high to get financial aid but too low to cash flow a private education, etc. For most people, the combo of what you have saved plus financial aid plus cash flowing some is going to work out just great.This thread scares me.
100K saved for only child (8th grade). No visions on Carnegie Mellon or the ilk but would like to fund state school. Over the next 4 years thinking we'll have another 50K socked away for 150K total. Maybe I've underestimated.
Someone else noted the frustration that these threads don't speak to moderate income people. I get that, but would argue that it is mostly higher income people who need higher funded 529s because of how financial aid works. I feel like my wife and I fall into that spot where if you plug us into a financial aid calculator, we get nothing - but we haven't made higher incomes for very long and therefore are not well equipped to write massive checks without saving.
Statistics: Posted by NashTransplant — Sat Jan 03, 2026 8:22 am — Replies 37 — Views 1739