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Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I agree with the $500K number for 2 kids in private school. The 23:27 poster is grossly underestimating monthly living expenses to be $2,000. $3-4K is much more realistic. Plus, you need to be saving for retirement, savings and college. [/quote] I agree with this. Our HHI is about 275K, we have no student loans and about a 400k mortgage, and we would feel financially strapped paying 40K for one child. We'd have to cut back on things in order to continue to save for college & retirement with tuition at this level. [/quote] What's your monthly mortgage amount?[/quote]
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