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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP - can you please respond to previous question about finances? Are there college funds for 2 older kids, can you afford a new house with new wife, a 3rd college fund; and split your retirement in divorce ? [/quote]

OP here. College funds are okay, 100k for each child. I just closed on a new house couple of months ago. Retirement is okay as well. [/quote]

100K each is not much actually. And the new wife would request adding her to the title of your new house, or buying a new house together. Also, the question on the retirement was different: is what you have now sufficient to live through 75 at least with the same spent? Can you afford losing some part of your newly accumulated retirement (e.g. during marriage), if it ends in divorce?

Also, important is if she works and how much she's making relative you, and if she expects to be SAHM[/quote]

I am not OP but y'all are crazy....100k is enough for 3 years at a decent public university. [/quote]

No - you are crazy . And what if his older kids want to go to a private ? Or it’s not relevant anymore to OP? 
Is he ok adding the new wife to house title, losing part of pension, have another divorce in his 50s? [/quote]

The kids should go where the parents can afford. You are crazy. People can still get a descent education at a public college. Drop your elitist nonsense. I got my electrical engineering degree from Purdue University (you probably never heard of it and that's okay) and I do not believe that someone who went to say Stanford had a significantly better education. That bright student who sent to Stanford would have succeeded anywhere even if they had chosen not to attend college. So stop saying a child needs to have say $150k or even more saved for college.[/quote]

Interestingly, my child also goes to Purdue so I do know it. The tuition and living costs are close to 50k/year now for out of state.  But I still think they would have done way better at Carnegie where they were accepted but rich dad made them decline the admission offer. It’s undeniable that exit salaries and connections are different from these schools. My priority would be my children [/quote]

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