For members with kids in college, or will be in college soon, I have a question.
If you have a certain amount of $$ deposited into an earmarked account say monthly, quarterly, no matter - if savings, specific 529, mutual fund, whatever, When do you stop the contributions?
For example, I'm trying to decide on if we are going to keep contributing While ds is going to college. We pay a specific amount each paycheck right now. I'm trying to decide if we are going to keep doing it while he's getting his undergrad or, when he starts going to University - whatever we have saved at that time, and whatever he is bringing in - is it.
How do you work it, without going into personal specifics, of course. Do the 'contributions' cease when they graduate hs, and then you pay from that amount, or do you just keep contributing until they have graduated (not masters, just bachelor's I guess).
Thanks for any and all info. I'm trying to plan. Originally I thought of just keeping the same amount until he is done with college, but wasn't sure if that's what others do or when you've graduated HS, what you have saved for them, is it (minus of course all the other million expenses). I'm just talking tuition, books, and school expenses.