#38 The Cost of Raising Kids

cost of raising kids financial planning

The Cost of Raising Kids – what to expect

The amount you spend will vary based on several factors including:

  • where you live,
  • will you send them to private or public school,
  • do they need daycare,
  • what schooling is available and what kind are you comfortable sending them to

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32 When Can I Retire

I wish I could give a quick and easy answer to that question – such as use the 4% rule for retirement (see podcast #3 for the limitations to this rule of thumb). The reality is that everyone’s situation is different and it requires individual evaluation. The 5 primary questions that will determine how much money you need to retire are:

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