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Private & Independent Schools
Reply to "Would our DD feel out of place at private school if our HHI is $250,000"
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[quote=Anonymous]Honestly Op-- you lost me at we're fine with our Bethesda public schools. If you are, I'd ask my parents to put the tuition money in a 529 or educational IRA each year. Builds up a nice nest egg for the kids down the road, when they might want private high school, or a more expensive college than you budgeted for, or need an extra year to graduate, or want to go to medical school, or can use it as a downpayment, etc. You don't know where your kids or parents will be in 10 years, 15 years, 20 years. Unless you are in a trust type situation where you can continue to count on them to pay through high school, and potentially help your kids with college, grad school, launching, etc, why not save the big bucks for when they are needed?[/quote]
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