Anonymous
Post 05/07/2013 13:48     Subject: s/o if you pay private school tuition, how much % of your income is it?

15% of gross HHI, one kid.
Anonymous
Post 05/07/2013 13:47     Subject: s/o if you pay private school tuition, how much % of your income is it?

Interesting post OP, this is quite shocking.
Anonymous
Post 05/07/2013 13:36     Subject: s/o if you pay private school tuition, how much % of your income is it?

25 percent of take home and realized capital gains.
Anonymous
Post 05/07/2013 13:32     Subject: s/o if you pay private school tuition, how much % of your income is it?

25% of gross income (this includes day care for baby which will turn into tuition in a few years).
Anonymous
Post 05/07/2013 13:23     Subject: s/o if you pay private school tuition, how much % of your income is it?

15% of take home.
Anonymous
Post 05/07/2013 12:43     Subject: s/o if you pay private school tuition, how much % of your income is it?

Several children, private schools, 1/10th of after-tax, take-home pay.
Anonymous
Post 05/07/2013 12:43     Subject: Re:s/o if you pay private school tuition, how much % of your income is it?

Anonymous wrote:30% of take home pay (after retirement, health insurance, taxes, etc are deducted)- 15% of pretax. This is for two kids.


Also- DH gets a bonus, which can be pretty sizable. I didn't include that in our HHI when calculating the % of tuition.
Anonymous
Post 05/07/2013 12:41     Subject: Re:s/o if you pay private school tuition, how much % of your income is it?

30% of take home pay (after retirement, health insurance, taxes, etc are deducted)- 15% of pretax. This is for two kids.
Anonymous
Post 05/07/2013 12:40     Subject: Re:s/o if you pay private school tuition, how much % of your income is it?

25% after taxes, retirement and healthcare. But we have therapy to add to that which make the total cost more like 35%.
Anonymous
Post 05/07/2013 12:35     Subject: Re:s/o if you pay private school tuition, how much % of your income is it?

And what's the value of your real estate and other assets- cause that's what they look at in determining financial aid eligibility, for good reason, IMHO.
Anonymous
Post 05/07/2013 12:34     Subject: s/o if you pay private school tuition, how much % of your income is it?

I'm the 52%er - that's after contributing about $30k to retirement (since we use some savings to pay some tuition, it's basically moving money from non-tax advantaged accounts to tax-advantaged accounts). Already have about $800k in retirement. Plus expect a pension. Plus, we live on so little, hopefully we won't need much for retirement. Still have 20 years to go before kids are out of college. Maybe we'll be dead by then, and no need for retirement?
Anonymous
Post 05/07/2013 12:15     Subject: s/o if you pay private school tuition, how much % of your income is it?

5 percent of pretax.
Anonymous
Post 05/07/2013 12:01     Subject: Re:s/o if you pay private school tuition, how much % of your income is it?

Holy cow, how will you all ever afford to retire? We save a third of our income. Thank goodness our public schools are good.
Anonymous
Post 05/07/2013 11:58     Subject: s/o if you pay private school tuition, how much % of your income is it?

53%. Gulp. We've been using savings. One more kid moving into the picture too - I already include that pre-school tuition in my calculation.
Anonymous
Post 05/07/2013 11:12     Subject: s/o if you pay private school tuition, how much % of your income is it?

For us it's about 25% of our take-home pay -- after taxes and funding retirement.