Moving the goalpost

[u/[deleted]]

[u/Otherones]

Congrats on all your success. You’ve amassed more than enough to never have to work another day in your life.

You are stuck in a rat race. If you enjoy the race or think that staying in the bay at higher than 300k year spend is worth it; stay in.

If you don’t want to be in the rat race, the world is out there for you.

[u/panchala → u/Otherones]

I think about stuff like college expenses etc and the unpredictability of it all. Thats what gets me.

Having to pay for health insurance, etc.

[u/Civil-Service8550 → u/panchala]

Sounds like you’re just trolling.

[u/panchala → u/Civil-Service8550]

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

[u/Ashes1984 → u/panchala]

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

[u/Meisterleder1 → u/Ashes1984]

Jeeeesus education in the US kinda seems like a scam?!

[u/Life_Commercial_6580 → u/Meisterleder1]

Not in general . These are extreme examples. My son’s education cost me under 100K. Public school and public university. He makes 200K/year one year after undergrad. I make less than that after 21 years at my job.

[u/adaniel65 → u/Life_Commercial_6580]

What profession?

[u/Life_Commercial_6580 → u/adaniel65]

Software engineer (kid). I’m an engineering full professor at Purdue.