It is very unlikely that the money in the 529 will be used for education purposes in my lifetime, possibly my yet unborn great grandchildren. It is far more likely to be used to provide me with income to pay for LTC in the future. I am 69 now and in decent health. If I don’t need the funds in my lifetime I would pass it along to my daughter. My I bonds make up about 60 percent of my total portfolio which is barely one million. I do lead a simple life with my social security, which I’m planning to start at 70!, plus the interest on my taxable remaining funds is just about enough to pay my monthly expenses which I have been tracking for over 20 years. Any thoughts?
Statistics: Posted by ocean — Mon Jul 29, 2024 9:44 am — Replies 9 — Views 876
