Natalism: The New Hotness
Natalism: The New Hotness
The cost for raising a child is greater than the cost for taking care of elderly
Holy [citation needed], Batman!
Cost to raise 1 child is $350k including college.
cbsnews.com/…/how-much-does-it-cost-to-raise-a-ch…
educationdata.org/average-cost-of-college
Average nursing home cost is $120k/yr and people live on average 2 years in a nursing home.
pmc.ncbi.nlm.nih.gov/articles/PMC2945440/
2 parents working
6 kids = $2.1m 4 grandparents = $960k
Annual tab to bring up a child has surged in recent years. "It's completely understandable that people are scared to death," one expert says.
The mean age of decedents was 83.3
That mean they on average, were put into the nursing house at 81yo. Do you think people retire at 80yo or what?