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Reply to "How do you afford private school?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]With 400k+ income, pp should have around 250K after tax? Minus 100K tuition, pp should have 150K leftover, which means 12,500 for each month. Minus 5000 mortgage, still has 7500 for daily life. Is that too little? [/quote] Mortgage is typically higher, but also add property taxes, insurances, savings - both retirement and college. [/quote] As they say, your biggest expense is “Miscellaneous”...[/quote]
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