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Mantaray14 OP t1_j2dppuw wrote

Reply to comment by Citryphus in NYsaves 529 for Junior in HS by Mantaray14

I guess the idea is he’s leaving for college within 2 years, so we don’t want to 30% or more as we start to need/withdraw the funds. But I guess if he’s in college for the next 4-6 years (or more). Maybe I’m being a little too anxious? As some have said, saying aggressive, moderate could be a plus in certain scenarios…

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Citryphus t1_j2dsadg wrote

Despite the downward trajectory of bonds over the last year, in general the bonds will not be as volatile as stocks. At age 17 the moderate portfolio is all in bonds and short-term reserves, and the aggressive portfolio is 25% stocks. If you've split 50/50 you're only 13% in stocks and even if they got cut in half you'd only be down 6-7% and your bond funds would almost surely go up. I think the risk of a 30% haircut between now and college graduation is extremely low.

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