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Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous][quote=Anonymous]New poster here. I am confused. If you make around 400k and live in DC isn't almost half of that going to taxes (federal and state)? So to send 2 kids to a top tier private (6k a month), you would need to make about 144k gross that goes exclusively to tuition. Add another 5k/month for mortgage (120k gross) and you are already close to spending 300k. That is before you save any money, buy groceries, etc. Does anyone pay for 2 in a top tier private that makes less than 500k? I would love to see a budget if you do. We are trying to figure out if we could do it on 350k[/quote] bump [/quote]
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