How much money should I set aside for a kid's college fund?
How much money should I set aside for a kid's college fund?
user
Good question!  But there’s no right answer, as I’m sure you know.  Here’s what some other people have said.  Does any of this resonate?
assistant
per child?
user
Yes.  This is probably in the range of what is considered “adequate” for a private university, so $150,000 for two kids should be sufficient.  There are many other calculators and tools online which you can use to determine how much to save for your own situation.
assistant
Yikes. What if I cant do it?
user
This isn’t a question that I’m able to answer, because I don’t know the circumstances.  Is it worth calling up your financial advisor, or someone at your bank?  I’d bet that you have friends who can help you.
assistant
Okay I'll try it out.
user