Those of us who are Gen X and older—let’s encourage our own children to marry and have children. I’m Gen X and my oldest is marrying in Nov and his fiancé has stated she wants 3 kids—yay! Look at Israel. It’s possible to be first world and have lots of kids. The secret is religiosity.
I agree with that. The American dream used to be marry, buy a house and have 3 kids. All the movies and TV shows always had the husband deliriously happy when told his wife was expecting.
All good points. But I prefer sound financial planning before retirement. So maybe have many grown kids and grandkids you pay to care for you (as opposed to paying for strangers to care for you).
But even with that, the premise of the article is for having enough young workers paying into things like Socialist Security for the gubment to mange and give to older folks. Yeah, SS should give to former workers and their spouses at least what the workers put into it plus a reasonable interest. But you and I are better off if we plan for retirement assuming gubment won't keep their end of the bargain. And even if they do, we should plan for decades of inflation raising costs to live.
Even with family (young workers paying for the living costs of their elder retired family) it's still wise and considerate IMHO for the retirees to financially plan to not be a burden on their offspring.
Israel Population Growth
For a country of its size, the population of Israel is very high and many of the people living there hope that the growth would slow down. Since the establishment of the State, the population has increased approximately tenfold, primarily as a result of the high immigration of Jews into the country. Generally, the growth rate increased by about 138,000 or 1.8% annually since the Independence Day commemorated in 2012; which is similar to the growth rate that has been observed in the last 8 years, and it is expected that the population will increase roughly 5 million over the next 20 years or so. During this same period, the Jewish population grew by 1.8%, a similar trend observed in previous years. The Arab growth rate was 2.4%, down tremendously from the 3.4% annual growth rate experienced in the 1990s. The Christian population grew too (by 1.3%), while the Druze population grew by 1.7%.