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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]With an AHI of 550k with all of that money saved for college and retirement, you can afford private school tuition of 180k per year for all of your kids. You can add, and figure this out, pretty easily.

If you have other reservations, that are not financial, which you certainly could, that's another thing altogether, and could contribute to it being "insane" for your family. But you didn't ask about that. [/quote]

It's 180k after taxes.  So it's really 240.  It's close to half OP's income, and ultimately will cost millions.  It's an insane amount of money when you're living in a good public school district.[/quote]

When your AHI is 550k, and you have that much in retirement and college savings accounts, you can spend "close to half" of it on tuition for your kids pretty easily. And it won't be tuition for all three of them for four years in a row, it will be staggered, assuming the kids aren't triplets, which they aren't. [/quote]

I mean that still means stopping retirement and college savings as well as all the extras that makes working hard worthwhile. [/quote]If the child is 6th grade, there's 6 more years of school before college
I wouldn't do it, cos private school costs a bit more than tuition. Do you want your kid to be the only one not going on the class trip to Europe or who can't join the ski club?[/quote]

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