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Re: Just had a baby- need to start saving for college

Thank you very much for all of your valuable information. I live in Maryland, which offers a tax benefit for participating in their 529 plan, so I likely will put some money here. I have placed the prioirty on retirement savings, as I put the maximum amount of money into my (and my wife's) IRA each ...
by NDLeary7
Wed Aug 07, 2013 11:30 am
 
Forum: Investing - Help with Personal Investments
Topic: Just had a baby- need to start saving for college
Replies: 36
Views: 3285

Just had a baby- need to start saving for college

Hello all, My wife and I just had our first baby and now comes the daunting challenge of saving for college. Does anyone on the board have advice for how I should start this process? Is putting money in a 529 the standard procedure? One of my concerns is, in essence, saving too much for college and ...
by NDLeary7
Thu Jul 25, 2013 12:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Just had a baby- need to start saving for college
Replies: 36
Views: 3285

Re: 29 year old looking for advice

Thank you, everyone! My wife has a 403B at work, that matches up to 3% of her salary and she currently contributes this amount. She could choose to contribute more, although there would be no additional match. Her employer's plans are with TIAA-CREF and although I forget the actual fund name, it is ...
by NDLeary7
Mon Jun 25, 2012 10:50 am
 
Forum: Investing - Help with Personal Investments
Topic: 29 year old looking for advice
Replies: 10
Views: 1200

Re: 29 year old looking for advice

Thanks, retiredjg! Here is some of the additional information- I didn't know all of it: Emergency funds = Have roughly $55,000 in savings, but would only need $15,000 or so for 6 months of expenses Debt: None Tax Filing Status: Married Filing Jointly Tax Rate: 25 Federal 4.75 State State of Residenc...
by NDLeary7
Sat Jun 16, 2012 5:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: 29 year old looking for advice
Replies: 10
Views: 1200

29 year old looking for advice

I am looking for some advice in regards to investing. I am 29 years old, have no debt, and contribute the maximum amount each year to a Vanguard Roth IRA. Thankfully, I make enough (and live simply enough) that I can save a significant amount of my earnings each paycheck. However, this money is sitt...
by NDLeary7
Sat Jun 16, 2012 1:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: 29 year old looking for advice
Replies: 10
Views: 1200

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