Sometimes when they leave the nest, they find their way back again…but what kind of impact does continuing to support your adult children have on your retirement security? Sharing a report from NerdWallet below, which says that future retirees lose about $227,000 in possible retirement savings from helping their adult children pay for their groceries, rent or housing and other bills....
Daycare Costs top In-state Tuition Fees
Having and raising a child takes a tremendous amount of commitment. Not just of time and love, but also financially. That financial commitment just got more daunting for parents of young children who have to work outside of their home. According to a new report released by think tank, New America (via an article at CNN Money):
“The average cost of full-time daycare for kids up to the age of 4 has reached $9,589 a year…. That now tops the average cost of in-state college tuition, which runs about $9,410....