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Why Its So Difficult To Raise Kids-And Save For Retirement

TedTed
in Fund Discussions
FYI: My youngest daughter was born 21 years ago this week. At the time, I called an economist named Mark Lino from the U.S. Department of Agriculture, who told me to expect to spend as much as $300,000 to get her to age 18; toss in college costs, and it was well past $500,000 to get her to adulthood.
Regards,
Ted
http://www.marketwatch.com/story/why-its-so-difficult-to-raise-kids-and-save-for-retirement-2014-08-22/print

Comments

  • Sven
    That is why it is so important to start saving college the day they are born, and that is only the half of the equation including a considerable change of spending and saving habits.
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