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Reply to "Can we afford to retire now?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The problem is the private school tuition followed by two kids in college. You need to fully fund that apart from your retirement funds, which it doesn’t sound like you have done. You need to pay off the house too unless you plan to move/downsize.[/quote] yes. I would say send your kids to community college and then transfer to a state school for much lower education costs, have kids fund their own grad school later, but judging by OP willing to pay for private HS in the first place, it's unlikely she wants this route for her kids. She likely plans on private college 4 yr cost which is going to be more years of bondage for her unless they already funded their college fully. [/quote] Yeah, someone paying $90K for private HS (I'm guessing $45K/year per kid) is NOT going to do CC to 4 year state school. They are sending their kids to a 4 year school immediately. [/quote]
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