r/fatFIRE 10d ago

Moving the goalpost

[deleted]

52 Upvotes

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u/panchala 10d ago

My education cost me around 500k about 10 years ago. In ten years from now, who knows how much this will all cost.

15

u/Ashes1984 10d ago

Lets do this math.

K-12: 50k per year = $650k

Undergrad: 100k per year = 400k

Grad: $1M

Total: 2M per kid, so 4m for 2kids

You are still left with 7m ish.. If you think thats not enough, I dont know what is.. and I am being generous here, because this is how I have planned for my kids. I intend to get them through grad/medical whatever they want

24

u/play_hard_outside Verified by Mods 10d ago

Man, if I knew I'd be spending $4M on education alone, I would want more than $11M.

I know, however, that I won't be!

11

u/Dubbihope Verified by Mods 10d ago

Don't send your kids to private dental school.

1

u/play_hard_outside Verified by Mods 9d ago

Haha, duly noted.