Reply to At what income level is it a no-brainer to go private?

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[quote=Anonymous]If you can stay at that income level for a while without it killing you and you aren’t going to be trading up your house or spending wildly on other things and can fund 529s, investments, and retirement while the going is good then yes.

Unless you have a lot saved or family money private for 3 kids is golden handcuffs.

We have three and will probably do private from PK for all of them but at this point hard to say because eldest is finishing PK this year and youngest is still a baby. We pay for a FT nanny and half day preschool for our middle child and that is the equivalent of two additional private school tuitions so we know that we can make it work and pay our 5.5K PITI and max 401Ks and save about $50K extra for investments while paying for modest vacations and activities but we could live very differently if we weren’t going to send our kids to private. HHI is $700K but on track to close in on $1M over the next five years and that will make the handcuffs a lot more comfortable. [/quote]

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