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Updated about 9 years ago on . Most recent reply

User Stats

109
Posts
37
Votes
David Huynh
  • Investor
  • St. Paul, MN
37
Votes |
109
Posts

Child's education savings plan - What's your plan?

David Huynh
  • Investor
  • St. Paul, MN
Posted

Hello everyone,

Recently we had a newborn and I don't know how to approach this situation - I'd like to know everyones thoughts on a child education savings plan. 

Do you have a 529 plan?

Do you have a solid B&H property that you'll say "that's my childs property" ?

Do you max out in your IRA and say if needed, you can draw the original out of pocket invested amount (5k/annually) and use that?

Do you just say "F-That, I'll have created so much wealth and + cash flow, I don't care"

I'd love detailed and knee jerk resposes.

David H 

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