[quote=bearishgurl]Uhh, the only problem I see with this idea is that you would need to quit your job at least one tax year before you file your kid’s FAFSA by January of their senior year. Meaning, quit work during their sophomore year or first semester of their junior year of HS, at the latest. At that point, you have NO IDEA if they’ll be accepted to Stanford and likely won’t find out until Feb through April of their senior year of HS.
Since Stanford only admits ~5% of all freshman applicants, I think that’s quite a gamble to take with your OWN future, AN, considering you’ll likely still be “young” when your kid(s) apply for college![/quote]It’s not a gamble if I save enough to retire by then. If I don’t, I can always start working for start ups around town and take a low pay in exchange for a lot of equity.
