@applesandangels What we know from posts so far:
- You make $300K a year
- You plan to fund $400K over 4 years for your child to attend med school
- You plan to retire in 10 years with at most a $4M Net Worth
- You have $150K liquid today and a $2.3M Net Worth
You don't say where you live and how that net worth is distributed. Maybe you're in Palo Alto in a $3M home, with a $1M mortgage and only have $150K in retirement and $150K in cash? Or maybe you live in "flyover country" in a paid-for $500K home, and have $1.65M in retirement and investments plus the $150K "saved up"? Those are two very different pictures.
First off $100K/year seems rather on the high side for medical school unless you're planning on paying full freight tuition and living expenses at Harvard. Compare that with in-state tuition costs in Texas.
Second, if you're retiring early, your $4M is going to safely generate $160K/year. That is almost half what you currently make today. In 10 years time, inflation will take a significant chunk out of that. If you can take that level of lifestyle downgrade today, then you can probably cashflow college with the $150K and saving ~$70K a year. $5800/month savings could be doable if you make $300K/year and have low outgoings.
I'd be looking for a lower cost for med school, and having your child take on some significant share of debt so they have some skin in the game.
Investing that $150K is not going to make much of a short-term difference. Even if you could buy a $150K home and get a positive cashflow of $1500 a month (you can't), it doesn't make any kind of dent in the $400K bill that is going to be due.