Or maybe they'll save for their own expenses. And you ignore the taxes they're paying to support other people's children.
Before the advent of the welfare state your children were your insurance policy who would take care of you in your old age.
That's just silly. If you don't have kids and invest the money that you would have spent raising them, you'll come out with more than enough to support yourself.
Dear ThinkDifferent,
"That's just silly. If you don't have kids and invest the money that you would have spent raising them, you'll come out with more than enough to support yourself."
Financial assets only continue to have worth and income-producing capacity as long as there is a society in which there is the opportunity to produce wealth.
A society that will not reproduce itself in the next generation will lose all its wealth.
And not just the material stuff. But that stuff, too.
A society has room for the genuinely infertile couple, and even the odd and eccentric "child-free" pair. But a society in which a significant number refuse to have children will not produce the next generation of workers to give vitality and value to all those stocks and bonds.
sitetest