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Encore: The Key to A Wealthy Retirement? Childlessness

The Most Obvious Headline of the Week Award goes to this recent take on saving for retirement: How Not Having Kids Can Help You Save For Retirement. But David Bakke of Investopedia, reviewing some research by Bankrate.com and others, does highlight some interesting data. Particularly eye-catching: the cost of raising a single child to the age of 17 was $235,000 in 2011, up 3.5% from 2010 on increases in the cost of schooling, transportation, daycare and food. And that number doesn’t even include college tuition.

 Regarding the overall premise, as a mother of two small children, all I can say is: Duh. 


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About Encore

  • Encore examines the changing nature of retirement, from new rules and guidelines for financial security to the shifting identities and priorities of today’s retirees. The blog also explores news that affects retirement, from the Wall Street Journal Digital Network and around the web. Lead bloggers are reporter Catey Hill and senior editor Jeremy Olshan. Other contributors include The Wall Street Journal’s retirement columnists Glenn Ruffenach and Anne Tergesen; the Director for the Center for Retirement Research at Boston College, Alicia Munnell; and the Director of Research for Pinnacle Advisory Group, Michael Kitces, CFP.