Reply to Can we stop the "is it worth it" threads?

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[quote=Anonymous][quote=Anonymous][b]I could probably retire in five years if my kids went to public school.  Instead, I will be working for the next 25.[/b][/quote]

Now I've heard everything!!!  :lol:  :lol:  :lol:

That's ridiculous.

[/quote]

Not sure why you think that is so ridiculous, PP.  For each kid at $30K a year, I have to earn $60K+ to cover tuition because of taxes, and that doesn't cover all the extras.  So it means not saving as much for college and signing up for that same $30K/year per kid payment until 12th grade.  After 12th, it's $60K a year per kid (so $120K+) for four years for college.

We would have had college saved for long ago if we weren't paying tuition, and we could have looked at retiring in five years.  Instead I will be retiring at 70 once the youngest gets through college.  DH will retire around 65, I'm guessing.  If you live a life where those kinds of cash swings don't affect your ability to save aggressively for retirement and you're able to retire at 50 already, goody goody for you.[/quote]

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