(CNN) President Barack Obama and his family will continue calling Washington home after he departs the White House next year — at least for a little while.

Long rumored, the first family’s plans were revealed Thursday by the President himself, who said during lunch in Milwaukee that he planned to remain living in the capital until his younger daughter finishes high school.

“We’re going to have to stay a couple of years in D.C. probably so Sasha can finish,” he said. “Transferring someone in the middle of high school? Tough.”

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