Reply to I can’t afford this, right?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]With an AHI of 550k with all of that money saved for college and retirement, you can afford private school tuition of 180k per year for all of your kids. You can add, and figure this out, pretty easily.

If you have other reservations, that are not financial, which you certainly could, that's another thing altogether, and could contribute to it being "insane" for your family. But you didn't ask about that. [/quote]

This is spot on[/quote]

No I am sorry. Paying half you income for private just because you think your kids are too good for public is a stupid stupid thing to do. [/quote]

Exactly.  I don't know what people expect to get out of paying all that money for private.  Do you really think it's going to have a dramatic impact on your kids' futures?  It isn't.  They're already on third base because their parents make 550k and live in MoCo.  They're gonna be fine, and all you're doing is making some school some money while throwing your property taxes away on good schools you won't use.  You're also complicating your own future.  Sure, you're doing fine financially and on the road to a well-funded retirement, but you ain't retiring early, you ain't setting yourself up for a job switch that pays less if you ever become disenchanted, and you're not positioning yourself to help you kids out with important stuff when they get older -- houses, etc.  And for what?  So you can impress your family and friends?

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