Reply to Stay at TT or Retire to Suburbs

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[quote=Anonymous][quote=Anonymous]Just adding a v quick data point: When we were kids, my parents - both native Manhattanites - made the decision to leave the city and raise my siblings and I in CT. We lived in Darien first, then New Canaan, before settling in Westport. My parents also kept an apartment in New York since they worked a lot.

Before leaving the city my sibs and I were in 2nd, 5th, and 6th grades with my brother and I at Trinity and my sister at Spence. We all went to a private day school in CT, then my sister and I went to boarding schools and my brother went to a private day school in new haven for high school.

We ended up at good colleges, have comfortable lives, etc. and, by and large, we enjoyed growing up in ct. The pros and cons of suburban life are pretty self-evident, though i’d be happy to describe in more detail. Still, to this day, my mom rues changing our primary residence from the city. She admits that one of her biggest regrets is raising us outside a major city (we lived in london for about a year and paris for a year and a half when i was a baby), and she tells us that any ancillary benefit of additional savings they received didn’t outweigh the loss of character she thinks that living in NYC builds in young people.

TBF, my parents didn’t need to work, they just enjoyed it. Also, we never enrolled in public schools, though we all played sports in darien and new canaan with tons of public school kids, who, frankly, are pretty much the same as private school kids in a lot of ways. But now that we have our own kids, we plan on staying in the city despite the temptation to move back to ct, where so so sooooo many of our friends have uprooted to.[/quote]

sounds like generational wealth.

not really sure that applies to many of the people here.

but i understand your mom's point of view.  the incremental benefit seems small if the parents don't have to work in the first place.

do your kids go to private school in nyc?  would you send your kids to boarding school?[/quote]

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