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Personal Finance and Investing

Random Boomer

(4,271 posts)

8. Having children would have sunk me

Reply to multigraincracker (Reply #1)

Sun Oct 23, 2022, 09:54 AM

Oct 2022

I'm retiring in a few months at age 68. I've kept working as long as I could, despite health issues, in large part because I simply couldn't afford not to work. I'm just now at the point where I can quit and still have a very modest retirement. No travel, no expensive hobbies, just a quiet homebody lifestyle, which fortunately I enjoy just fine. Having children would have broken me financially.

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How Much Money Do You Really Save by Not Having Kids? [View all] question everything May 2022 OP

I was able to retire at age 52. multigraincracker May 2022 #1

+1.. mitch96 Jun 2022 #6

Having children would have sunk me Random Boomer Oct 2022 #8

I think you'll be fine. multigraincracker Oct 2022 #9

If you don't have kids, your money is simply spent on non kid things. PoindexterOglethorpe May 2022 #2

A comment, which I snipped, was that having a kid to take care of you question everything May 2022 #3

True, especially because there are no guarantees PoindexterOglethorpe May 2022 #4

Exactly Rebl2 Jun 2022 #5

This is astonishing: PoindexterOglethorpe Jun 2022 #7

Post removed Post removed Oct 2022 #10