flu, I think you underestimate the cost of medical school. My cousins who are optometrists have loan in the $200-300k range, just for the post undergrad. They also graduated from undergraduate almost 2 decades ago. So it wouldn’t surprise me if it’ll be in the $400-500k range for private post undergrad when our kids are at that age. So realistically, you’re looking at more like total of $800-900k. More if they take longer to graduate than average. Then there’s the opportunity cost of that $800-900k. Imagine how many investment properties you can buy with that kind of cash and how much monthly rent you can take in. Even if you don’t need that cash and monthly income, that’s a sizeable about that you can give to your kid and grandkids for as long as you keep those properties.
