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Description: A 529 savings plan can be a great tool for parents who want to send their children to college without relying on student loans.
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Text duration start ents sentiment
experience for your child the first tool 4.979 Jump to 16.8 ORDINAL first
you'll need is a 529 savings plan the 4.439 Jump to 19.26 CARDINAL 529
making it easy to start there are two 4.981 Jump to 33.719 CARDINAL two
types of 529 plans a prepaid tuition 4.259 Jump to 36.12 CARDINAL 529
allowed to offer their own 529 plans 4.08 Jump to 64.5 CARDINAL 529
option for you first some assumptions 4.68 Jump to 72.24 ORDINAL first
they are 18. we also estimate that your 3.6 Jump to 78.72 CARDINAL 18
Investments earn a four percent return 3.36 Jump to 80.82 ORG Investments PERCENT four percent
increase around 3 percent a year every 4.919 Jump to 89.34 PERCENT around 3 percent
than 78 thousand dollars to attend the 5.28 Jump to 96
school in 2020 to 2021 that includes 5.82 Jump to 98.1 DATE 2020 CARDINAL 2021
that's not the price you'll pay in 18 3.659 Jump to 103.92 CARDINAL 18
years from now that's 78 thousand 3.539 Jump to 105.54 CARDINAL 78 thousand
dollars will increase by three percent 3.601 Jump to 107.579 PERCENT three percent
every year growing to more than one 3.301 Jump to 109.079 CARDINAL more than one
hundred and thirty thousand dollars 3.24 Jump to 111.18
gets a four-year degree that means 3.18 Jump to 116.64 DATE four-year
million dollars now let's see how much 4.74 Jump to 119.82
more than Seventeen hundred dollars a 3.54 Jump to 126.24 MONEY more than Seventeen hundred dollars
month or more than twenty one thousand 4.08 Jump to 127.86 DATE month CARDINAL more than twenty one thousand
turn 18. that's more than three hundred 3.659 Jump to 131.94 DATE 18 CARDINAL more than three hundred
and eighty thousand dollars out of 3.24 Jump to 134.4 MONEY eighty thousand dollars
returns making that number grow over 176 6 Jump to 142.14 CARDINAL 176
thousand dollars as you can see if you 3.66 Jump to 145.86