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Reply to "Can we afford private school?"
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[quote=Anonymous][quote=Anonymous]No. The costs will continue. You have 3 kids and are at 185k. The math does not work. Our kids are in private now. We can do it and not feel crunched until high school. The only way we are affording high school and college is major sacrifices. Situation is are are divorced mid 40s. Two kids. We each make about 200k a year. I have 780 in retirement. Ex has $1 million and a pension. We both own homes. We have about 60k saved for college. Our plan is that when high school costs 25k a year for each kid in a few years, we are both selling our homes and renting so we have plenty of money to fund both private high school and 4 years of college for the kids. We see no point in maintaining large homes when there is no one home post college: we are downsizing to pay for high school and college. Most people are not willing to do this. [/quote] Dang. You two are still planning everything together and should consider reconciling. [/quote]
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