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[quote=Anonymous][quote=Anonymous]What ages are you?
Net worth?
HHI?
# of kids?

Please share - curious - my sister thinks we are poor and it was dumb of me to quit. She is younger by 5 years and has much less but likes to criticize. I could have continued another 3-4 years or more but the politics and the gradually decreasing level of my staff (education, experience, communication, just overall) was demotivating.

Ages - 52, 51
NW - $3.7M (including house). Low per DCUM standards I know and HHI is even lower. 
HHI - $200k now (from $425k as I just quit last week after 25 years when I turned 51 due to some chronic health issues).
Kid -  12 year old (in private school since age 5.

House was purchased for $500k two decades ago and value hasn’t moved much.About $700k. We’ve done $200k worth of improvements. New everything. We paid off our mortgage 5 years ago.

I would like to upgrade because I think our area is getting worse. DH is ok with that but wants to not spend a penny more than what we get for this house. I think we could afford a small mortgage even with private for a couple more years till middle. Sure we won’t save much but that’s OK. The houses I am looking at are about $1.2M.

[/quote]

OP, how are you affording to pay for private school on $200k? Also, if you sell and buy again in this market you will have a mortgage payment and you will paying more for a smaller home. You will likely have to give up private to move - if you move into a better school district would that be feasible?

Can you rent out your house, rent an apartment or smaller home in a better school district,  and drop private school?[/quote]

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