Reply to Budgeting for Private School -- Convince my spouse

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'd invest the money instead. Each kids would have 3-5 million by the time the are 30. Instead, their parents paid for private school and expect them to have great careers. What a pressure on the kids.[/quote]

What are you talking about $200k invested for 15 years only gets to $750k

Even 25 years only gets to $1.7M at 8% return which is crazy optimistic.

People with elite educations on this board pull in $700k/year, vs public school strivers who land a GS15 at $176k.

Yeah it’s a lot of pressure, but the world is turning into a tale of two cities. Places like Montana are expensive now. [/quote]

Are you OP? This is really disordered even if you are right about the investment numbers (that other PP was clearly wrong). But come on, of course high achievers come from public school. The language about strivers is literally crazy. And I am the PP whose kids went to a supposedly good public school and moved to private, so I’m generally in agreement with you on education quality. [/quote]

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