Having Children Can Ruin Your Retirement
Parenthood can spoil the best-laid financial plans.
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You don’t have children to get rich.
From the moment a child arrives, parents pay more—for food, clothes, health care, larger homes, child care and education. The total tab for getting a kid from birth to the 18th birthday is $233,610, according to an annual estimate by the U.S. Department of Agriculture. And that figure doesn’t even include the skyrocketing costs of college tuition.