I am pretty confident if you live in San Diego with kids and your household AGI is less than $120k, the last thing you are thinking about is a 529k. You are probably thinking about damn, it’s tough out here. so I would assume.those considering the 529k plan have a household AGI above that.
Also, for those of us that make more than that, some of us have no desire to be on the east coast. especially for a state school. You can’t argue all you want being on a cheap(er) budget. And maybe for you, that’s out of necessity because you have a smaller budget. And that certainly your choice if you intentionally want to earn less. But for the rest of the population that wants to and has the capability to earn more, has earned and accumlated more, there is no desire (and more importantly) no need to go on a cheap budget. Not that there is anything wrong with it too
Just different strokes for different folks. Which is exactly why your response is completely useless.
Plus the 529k plan isn’t just for tuition, it also includes incidentals like room and board , books, etc. None of which is completely covered. Like I said, none if this is information you would know about or consider if you don’t have kids. Which makes commenting on this moot if you don’t. It’s almost as dumb as a president that had no prior presidential skills. oh oops…
