Write the next sentence in the following story.

How to buy mutual funds for children
Decide the reason you are investing the money.
For many parents, they are saving for college, but for others, it may be for travel, medical expenses or living expenses.
Calculate the amount of time you plan to invest the money before your child needs it.

Choose from: - Check the retirement funds section of this article. Most states require parents to have up to one year of saved money before you allow them to withdraw money from their 401 (k).; - For example, your child may need $4 , 000 before she qualifies for an ira, while a 12-year-old might need $10 , 000. Decide whether you plan to set aside time to spend the funds.; - If your child is very young and will not need the money for 20 years, you will want to choose different investments than if the child needs it in 5 years. You may be able to choose a target-date mutual fund.; - Generally, you will get a firm estimate for one month to three months, depending on your financial strategy. Decide which funds to invest the money in.;. The answer should be
If your child is very young and will not need the money for 20 years, you will want to choose different investments than if the child needs it in 5 years. You may be able to choose a target-date mutual fund.