 You know, I'm not so sure about college anymore. Not sure if my kid or grandkid will go. The great news now is you can put money into a 529 plan. Great plan to save for college. Have the money grow tax-free, be spent tax-free. But if your kid or grandkid chooses not to go to college, under certain rules, you can convert it tax-free into a Roth IRA for that child or grandchild.