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Reply to "Nanny pay when child goes to PT preschool?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Please consider the lifelong benefits of stable early care such as you seem to have. This is nothing to sneeze at. It's a critical investment in your child's future success and wellbeing. [/quote] Please also consider that if you switch from a nanny to full time daycare, you could put the savings ($50-60k) in your child's 529.[/quote] Given that daycare costs about $24,000, how many nannies do you know who earn $74,000 -$84,000 a year.[/quote] I am assuming that a three year old would need a nanny for two years. I think a lot of nannies make $40-50k/yr plus vacation, holidays, bonuses, and taxes. $40k + $6k for the above is $46k-$24k for daycare is $22k x two years= $44k. Or at $50k + $7500 for taxes, vacation, etc=$57.5k - $24k= $33.5k x two years= $67,000.[/quote]
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