College Saving Plans

[themoneycollector]

I will provide a slightly different perspective.

Don't save in a 529 or any college fund for your children unless you have your own retirement funds covered first and foremost.

College loans are easy to apply for and receive. There's no such thing as a retirement loan (well maybe something creative like reverse mortgages, but then you're losing your home). So when the need arises, your kids will have options available for them to receive college loans at decent rates (there are many deferred and no interest loans as well).