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Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous][quote=Anonymous]HHI of $160k, one kid in private, and very comfortable and happy. And to do the math for yourself, all you need to do is figure out what you think is "comfortable," then add tuition x number of kids. If you live comfortably on $70k, and you have one kid, you can live well with one kid in private with a HHI of $100k. If it takes you $400k to live well and you have one kid, well, you need a HHI of $430 to retain your comfort. Richer people will feel they couldn't possibly be comfortable on my HHI, and that I must be "sacrificing." And I look at richer people and think they don't know the difference between "comfort" and "luxury." [/quote] This is our situation. One kid in private but its a small school that is $1100 a month. We live in a modest house, no debt or car notes. We max out retirement and save for college. I'm not getting.[/quote]
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