Private school or trust fund

[Anonymous]

How much would the tuition and fees you spend k-12 be worth at graduation if held in a trust fund that held S&P. What would it be worth when they retire?

If the value of private over public worth giving up that retirement account for your kids?

[Anonymous]

I'll let you find your own compounding calculator to plug in your assumptions.

Yes, I think it's worth it, why else would I send my kids there?

[Anonymous]

I care about the formation of my kids' characters, minds, and hearts. Cold hard cash will form them, but not in a way I value.

[Anonymous]

Anonymous wrote:How much would the tuition and fees you spend k-12 be worth at graduation if held in a trust fund that held S&P. What would it be worth when they retire?

If the value of private over public worth giving up that retirement account for your kids?

Absolutely not

Especially in Trumps economic fails

Public til it’s completely destroyed by Don the con and his sycophants

Then use the money to survive

They are coming for maximum pain the more you have saved if he doesn’t crash the dollar the better

[Anonymous]

Anonymous wrote:

Anonymous wrote:How much would the tuition and fees you spend k-12 be worth at graduation if held in a trust fund that held S&P. What would it be worth when they retire?

If the value of private over public worth giving up that retirement account for your kids?

Absolutely not

Especially in Trumps economic fails

Public til it’s completely destroyed by Don the con and his sycophants

Then use the money to survive

They are coming for maximum pain the more you have saved if he doesn’t crash the dollar the better

I do believe this will happen. He's a con to the core.

[Anonymous]

Anonymous wrote:I care about the formation of my kids' characters, minds, and hearts. Cold hard cash will form them, but not in a way I value.

They don't need to know about the cash, but they will notice the private school.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How much would the tuition and fees you spend k-12 be worth at graduation if held in a trust fund that held S&P. What would it be worth when they retire?

If the value of private over public worth giving up that retirement account for your kids?

Absolutely not

Especially in Trumps economic fails

Public til it’s completely destroyed by Don the con and his sycophants

Then use the money to survive

They are coming for maximum pain the more you have saved if he doesn’t crash the dollar the better

I do believe this will happen. He's a con to the core.

+100
Save, invest, and build on every dime, unless you have generational wealth. Especially since the job market as we know it will be gone.

[Anonymous]

We have plenty of other money invested. Tuition isn't cheap, but I see it as: we are paying for character formation (including values, respect for adults, and work ethic) and traditional elementary education (which to us means writing with pencils, learning grammar and spelling, learning about geography and other cultures, plenty of math repetition, and scientific curiosity). School is not screen-free by any means, but at least it's being used in very limited ways. Also: student behavior is night and day. We live in an upper middle class district and thought the public school kids were decently behaved, but now that we are in private I can see just how disorderly and disrespectful those kids were (and are).

[Anonymous]

This is really a false thought experiment. I don’t know many public school parents sacking away $60k/yr per kid into a trust fund just because they aren’t paying private school tuition. Life doesn’t work like that. Regardless, your kids turn out different from a good private versus a good public. Decide which version of your kids that you want. Worry about large wealth transfers after your kids are raised to the best of your ability.

[Anonymous]

Anonymous wrote:I care about the formation of my kids' characters, minds, and hearts. Cold hard cash will form them, but not in a way I value.

Lol character and hearts are formed at home. You don’t have to send kids to private school for that.

[Anonymous]

Anonymous wrote:We have plenty of other money invested. Tuition isn't cheap, but I see it as: we are paying for character formation (including values, respect for adults, and work ethic) and traditional elementary education (which to us means writing with pencils, learning grammar and spelling, learning about geography and other cultures, plenty of math repetition, and scientific curiosity). School is not screen-free by any means, but at least it's being used in very limited ways. Also: student behavior is night and day. We live in an upper middle class district and thought the public school kids were decently behaved, but now that we are in private I can see just how disorderly and disrespectful those kids were (and are).

If everyone in your kids’ private school is as insufferable as you, no thanks.

[Anonymous]

You're asking private school parents if it's worth it? Maybe try asking a broader audience.

[Anonymous]

Anonymous wrote:How much would the tuition and fees you spend k-12 be worth at graduation if held in a trust fund that held S&P. What would it be worth when they retire?

If the value of private over public worth giving up that retirement account for your kids?

Why not do both? Pay the tuition AND save up in the trust fund. We did it and it worked out great for our DC!

[Anonymous]

Anonymous wrote:I'll let you find your own compounding calculator to plug in your assumptions.

Yes, I think it's worth it, why else would I send my kids there?

+1

[Anonymous]

Anonymous wrote:This is really a false thought experiment. I don’t know many public school parents sacking away $60k/yr per kid into a trust fund just because they aren’t paying private school tuition. Life doesn’t work like that. Regardless, your kids turn out different from a good private versus a good public. Decide which version of your kids that you want. Worry about large wealth transfers after your kids are raised to the best of your ability.

Huh? Of course we are