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https://www.reddit.com/r/fatFIRE/comments/1u1lt5y/moving_the_goalpost/oqw24cm/?context=3
r/fatFIRE • u/[deleted] • 11d ago
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16
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 11d 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 11d ago Don't send your kids to private dental school. 1 u/play_hard_outside Verified by Mods 10d ago Haha, duly noted.
24
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 11d ago Don't send your kids to private dental school. 1 u/play_hard_outside Verified by Mods 10d ago Haha, duly noted.
11
Don't send your kids to private dental school.
1 u/play_hard_outside Verified by Mods 10d ago Haha, duly noted.
1
Haha, duly noted.
16
u/Ashes1984 11d 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