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Reply to "Anyone else spending $7000 oer month (or more) on tuition from earned income?"
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[quote=Anonymous][quote=Anonymous]What's you're current mortgage? I have to think that if you added it to 7k you'd be able to get a house in pretty much any excellent school district in the area and then be able to fund your retirement properly (5% isn't properly).[/quote] Mortgage is $2100. We love our house and neighborhood and would never move. There are other factors outside the public school. I would rather work an extra 10 years and be able to give me kids their current school than save more for retirement now. We have met with a financial planner. We wont be able to retire extravagantly but we will be just fine, especially with our house paid off. We are relatively young (started having kids in our late 20s, done by 35.) Last kid will be out of college by 57 and we can easily work 10 more years at that point if we need to.[/quote]
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