Of all of life’s great milestones, maybe the most beautiful is having a child. My wife and I are expecting our newest next month, which will make it three girls under 4 years old.
As wonderful as these gifts are, they come with a price. According to recent studies, the average cost of raising a child from birth to 17 for a middle-class married couple has surpassed $300,000. That’s before factoring in a dime of college expenses.
One of the great things about my job is that I get to walk with clients through some of the biggest milestones of their lives, whether it’s getting married, having children, or retiring. We’re not just celebrating these achievements — we’re using the opportunities to dig in to how they affect the person’s finances and to help set them up for success moving forward.
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