Elizabeth Ayoola

But if they were to have, let's say another child or two more, you know, those funds could be given to another child.

That's something that could be done with them.

But,

I guess you don't want to plan based on what might happen.

And we just focus on what's happening right now, which is that you have one kid.

And some of that money could be better served in a brokerage account for that child that they can use in the future.

And when you think of it that way, especially compared to what the poster has in the account already, that's not a lot, is it?

Let's say you have $500,000 and the child spends, I don't know...

No, or the poster could go to school themselves, like, I don't know, 10 times and get 10 more degrees to spend the rest of the money.

Just making stuff up.

You know, and that's why it's important, even though if you like to poke around on Reddit, you got to go read.

You still got to go read.

Don't just take strangers advice online.

But listen, I know you're having an educational moment, but somebody said you need more kids, bro.

He's leaving my house in 10 years.

Crying and sobering at the same time.

Okay, no, but really, I just use the rough estimate.

So first of all, I use the compound interest calculator.

I believe there are ones for 529s that you can use to see how the interest is going to grow over time.

And I also just looked at the average rate of colleges and try to factor in some inflation.