How Much Should You Have In A 529 Plan By Age

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  • Опубликовано: 15 янв 2025

Комментарии • 32

  • @ChrisB-ox5rn
    @ChrisB-ox5rn 11 месяцев назад +14

    Anyone else feel this didn't answer the question in the title

    • @Thecollegeinvestor
      @Thecollegeinvestor  11 месяцев назад +2

      If you didn’t get it from the video dive into the chart and article. The answer varies based on what your family beliefs are, income is, etc.

    • @iamfr00tl00ps
      @iamfr00tl00ps 6 месяцев назад +8

      The answer is at 4:57

  • @janon742
    @janon742 Месяц назад +1

    Great advice.

  • @ep4684
    @ep4684 3 месяца назад

    6:30 Flagler College. Nice!

  • @reallybigmike
    @reallybigmike 4 месяца назад +1

    Preach Andy Hill!

  • @mikelaba8985
    @mikelaba8985 4 месяца назад +4

    Just here to see how far behind i am haha
    Doing 152 a month in 529
    60 into utma for first car or whatever.

    • @Thecollegeinvestor
      @Thecollegeinvestor  4 месяца назад +1

      Seems like you’re doing pretty good!

    • @mikelaba8985
      @mikelaba8985 4 месяца назад +1

      It's what we can afford. Been doing it since she was born so I think she will be OK.

    • @byfaithfulltime
      @byfaithfulltime 4 месяца назад

      You should have your financial advisor discuss the benefits of tax code 7702 with you. With the amount you are setting aside it will go much further than these accounts divided.

    • @mikelaba8985
      @mikelaba8985 4 месяца назад +1

      @@byfaithfulltime I don't have a financial advisor. I probably need one I haven't found one I like. But thanks for the advise I'm gonna look into it myself I've been kinda doing it all myself.

    • @mikelaba8985
      @mikelaba8985 4 месяца назад

      @@byfaithfulltime looks like it's all about life insurance?

  • @christinab9133
    @christinab9133 3 месяца назад +1

    ❤❤❤

  • @tiffanywilliams3019
    @tiffanywilliams3019 3 месяца назад +1

    My kids are going to school in Germany while working a part time job 😂 Auf weidersehen! 🇩🇪

  • @yasinali3754
    @yasinali3754 3 месяца назад +2

    50% of thier expenses they need to work to pay off the other half

  • @ronica2623
    @ronica2623 3 месяца назад +1

    Meh. Yes, take care of yourselves first. Then sure 529. Don’t worry so much about the exact amount to put in it. Most important to just put something aside every month/year. Something is better than nothing. Finally, don’t waste your time and money on putting extra money in a savings account…what? Open a mutual fund acct with a few funds like s&p 500 fidelity or vanguard. Put the extra money here. As long as you can afford to leave the money and dont worry about market. It will balance out. Your children will have some nice money to spend later.

  • @sodopianos1412
    @sodopianos1412 4 месяца назад +4

    Mmmm my 16 year old has enough for low end 1 year old 😂

    • @HerAeolianHarp
      @HerAeolianHarp 2 месяца назад +1

      I hear you and feel the same for my two high schoolers. It is hard enough funding retirement.

  • @jasperflontes4289
    @jasperflontes4289 11 месяцев назад +11

    My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to take risks. Saving is great but taking risks puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.

    • @ivarlast2966
      @ivarlast2966 11 месяцев назад

      I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.

    • @dominicleong4385
      @dominicleong4385 11 месяцев назад

      I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.

    • @leticiaenraz8514
      @leticiaenraz8514 11 месяцев назад

      I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.

    • @annddyyy-6920
      @annddyyy-6920 11 месяцев назад

      How do I know more?

    • @sherparoyale
      @sherparoyale 8 месяцев назад +7

      Really really bad idea. Don’t fall for this scammer folks.

  • @IbrahimIsabella-00
    @IbrahimIsabella-00 2 месяца назад +51

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

    • @LiamOlivia-4
      @LiamOlivia-4 2 месяца назад +2

      I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.

    • @IbrahimIsabella-00
      @IbrahimIsabella-00 2 месяца назад +2

      @@LiamOlivia-4 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY*

    • @LiamOlivia-4
      @LiamOlivia-4 2 месяца назад +2

      @@IbrahimIsabella-00 Oh please I’d love that. Thanks!

    • @IbrahimIsabella-00
      @IbrahimIsabella-00 2 месяца назад +2

      @@LiamOlivia-4 *MARGARET MOLLI ALVEY*

    • @IbrahimIsabella-00
      @IbrahimIsabella-00 2 месяца назад +1

      Lookup with her name on the webpage,