It could be argued that it is easier to prepare for retirement if you don’t have children. Think about all the extra time you have to advance your career and, assumedly, make more money over time while avoiding the astronomical cost of raising children. However, these benefits may run out as we age. Not having children can increase the cost of living as we age and decrease the level of care we may receive.
Retirees who are childless (or estranged from their children) could face additional hurdles when planning for a secure retirement. On a happier note, those who do not have children constantly requesting withdrawals from the parental ATM may be in better shape to maintain their living standards through a hopefully long and happy retirement.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.