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Reply to "Can two fed govt job family afford to send two kids to elite private school?"
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[quote=Anonymous]I think it will be very tight. Our situation sounds pretty similar to yours - HHI of 320K (we take home net around 15K per month), no car payments, similar typical expenses, except we save 3K per month for retirement and 1K for college. Our mortgage is 5K. One kid in daycare, one in public school. There is really not a lot of wiggle room left. I agree with other pps that you need to save more for retirement. Also, you haven't mentioned college savings. [/quote]
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