alt Hacker News>it costs $1200000 to raise baby
What exactly are you planning to do with all that money anyway? Consume things?
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trhway • today at 6:13 AM
retire? Retiring only on Social Security is pretty tough, and $1.2M would provide like $4K/month income which on top of Social Security may allow for modest lifestyle in some low COL area.
Wrt. the original post i'd agree with GP - better information/education is probably the most powerful birth control.
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lstodd • today at 6:36 AM
The right question is "to what age".
Get all McKinsey and calculate a TCO of a baby from conception to end-of-uni. $1.2M is low-end even for eastern EU, it's more like twice that.
0-to-23. $100K/year. This what a baby costs.
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Nothing? Because I do not have that money!