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Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous][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] Pray tell, what would one outsource that costs $2K/week that isn't considered luxurious by rational standards?[/quote] Full time nanny for younger kid(s), housecleaning and lawn service could come to close to $2,000/week. I wouldn't consider any of this luxurious for a family with two working parents. However, I also don't think you need $500,000 to comfortably send two to private school. I do think you'd need $400,000 though if you didn't want to sacrifice anything major.[/quote]
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