Reply to Can we afford $45k/year private for 2 kids? Stats included

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]frankly your after tax brokerage and cash savings is very low for your income level. With mortgage and tuition to gobble up 180k per year you better be in your knees praying each night for those RSUs to pan out. because without that and your extravagant expenses you’re gonna look dead ass broke. Many people who have kids in private school have family money that are the safety net. [/quote]

They're in their early 30s. Their brokerage and cash savings are absolutely fine. You're just being a jerk. [/quote]

Is this the OP? What are you doing for childcare. Do you both work? What are you doing for childcare? Did you just start contributing to your HSA and brokerage? With kids I’m shocked you haven’t touched your HSA usually healthcare plans with HSAs have high deductibles and are generally bad so you have to tap them.

And I’m not the PP but both your 529s and 401Ks are pretty low. I’m guessing you bought your house for $1m in 2021 and now Zillow says it’s worth $1.4 million which is how you got to $700K equity. If your income is new you should see what happens with the stock. I work in an industry where big stock grants are common but this mix seems weird if both you and your spouse work. If only you work and this is one income it would make more sense. [/quote]

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