Absolutely. That "end of glidepath" 529s were loaded by fund managers with medium-duration bond funds (touted as "conservative") was a scandal verging on malpractice.
I am scratching my head on this, honestly and not sarcastically.I think the VG 529 recommended allocations close to college are far too aggressive. I also got burned by them in 2022.
DD, graduated undergrad in 2022 with a balance, last tuition payment was Jan 2022. In Jan 2022, I asked her what she thought we should do investment-wise with balance in account, "do you plan to go to grad school?". Answer was yes, so she and I discussed it and elected the Target Enrollment 2024/2025 Fund. It as not increased much but it, in turn, it has not lost anything, and we have not reached the target dates yet.
Did we get burned in the environment in the past 2 years?
Statistics: Posted by Lastrun — Mon Apr 22, 2024 5:26 pm — Replies 10 — Views 1212