<prompt> Human: So I have a 529 for each kid 2 and I contribute 14,000 to each one each year. The money is in an aggressive portfolio which pretty much means its 100 vanguard stock fund until each kid is 10. Then it shifts to eventually become 80 bonds at 18. I was thinking that when they actually go to college Id just pay for it with income and keep the money in the 529 accounts. Id be able to cover 60,000 per year from income with some minor lifestyle changes get rid of the boat, etc. If thats the case shouldnt I keep the accounts more in stocks as Im not going to be looking for safer returns as the child ages. I was thinking that even with penalties the ability to keep the 529 as an investment over time will be worth not using the money for college. I have heard that people use the money to help out their kids in other ways as they get older help with a house when newly married, etc. or even for our retirement. Any good advice?  <response>: I think youd still be better off paying for college with the 529 and then investing the income you dont use and not paying the 10 penalty. 