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by closeparen
460 days ago
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You would need to set aside $10-15k a year for 18 years, depending on the interest rate, to accumulate $320,000 in cash for 4 years at an $80k school at full freight. A family making $200k in California takes home about $130k, so call it about 10% of their net income over the child's lifetime. That's some pretty significant budgeting! |
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