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Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous][quote=Anonymous]If you were paying over $2,000 a [b]week[/b] for household help and other outsourcing, you would pretty quickly figure out why you need $500K. And don't forget extracurricular activities and summer camps for two kids. The budgets being posted leave a lot of these things out. In short, OP, there is no single answer. The answer is different for every family.[/quote] Hmmm .... 2,000 x 52 weeks x 1.4 (to adjust for taxes) = 145,600 +150,000 annual + 50,000 second private tuition = $345,600 < $500,000 by a LOT[/quote]
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