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[quote=Anonymous]NP here.  I can identify with OP because, like you, we have spent a lot on nanny expenses over the years, even though day care would have been cheaper.  It was worth the extra expense to us, even though many people would say it was a waste of money.  We liked that our kids could nap in their own cribs, go to neighborhood parks, etc.  But we recognize it was a luxury.

We are older than you (DH and I are 45), and our income is a little higher ($350K per year HHI).  One of us is a government lawyer who is maxed out at $160K with no potential for a salary increase.

If we had done daycare instead of a nanny, we probably would have had more in savings and investments right now, or a nicer house.  (We each have a 401(k) worth $450,000.  We have a small modest house in a nice neighborhood, and so I have to resist comparing our house to other houses in the neighborhood.)

We have 3 kids (ages 6, 9, and 12).  We are actually still paying for a part-time nanny for after-school and after-camp.  Many of our friends have gone with an au pair, but we like having a nanny because she can help with dinner prep, laundry, driving to sports activities, household tasks (more so than an au pair could do.)  Also, we have a small modest house and literally don't have space for an au pair to live comfortably.  So we can relate to the high nanny costs, but again, it's been worth it to us.  [/quote]

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