How Much Do You Really Need to Put in a 529 for College?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 1 October 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	This episode is brought to you by SmartVester.
0:08.0	Connect with an investing pro near you at ramsysolutions.com slash smartvester.
0:13.8	All right, here we go with Gerard in Texas.
0:16.7	Hey, Gerard.
0:17.2	How are you?
0:18.1	I'm better than I deserve.
0:19.5	Dave, how are you all?
0:20.4	The same, sir. How can we help? So'm better than I deserve. Dave, how are you all? The same, sir.
0:21.3	How can we help?
0:22.2	So my wife and I are on Baby Step 2.
0:25.3	We should be done with about $40,000 worth of debt by the end of the year, and we're going to be moving on to four, five, and six.
0:32.2	I already kind of have plans for retirement and early payoff of the house.
0:35.7	But I'm confused a little bit on the college
0:39.4	saving side of things.
0:40.9	Cool.
0:41.5	How old are your babies?
0:43.1	Four and seven.
0:44.5	Awesomeness.
0:45.3	Okay.
0:45.5	What are you confused about?
0:46.7	So I looked at the Dave Ramsey calculator on how to save for college and what we
0:53.6	would be putting aside just based on what we
	...

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