If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?
Given the rate of inflation, and shrinkflation, I don’t think it’s economically feasible for many people to survive on 65% of their income. At least, I couldn’t. Especially not with two young boys who need clothing, a metric ton of food (and growing!), plus sports, etc. nope. I’m stuck n indentured servitude for the rest of my life.
Yeah this is why I don’t have kids lol
It’s a trade off. It’s not easy either. Even when I was married and had a partner that could tag in and help me out. It’s much harder now that I’m single and I no longer have backup. It’s not like there’s an instruction manual either; each kid/situation is distinct and different.
But you know what, there are moments (more often than not) when they do or say something amazing, and it feels like the world is not such a bad place after all; because of them.
It’s not perfect. We sometimes get mad at each other. But that’s any relationship; it’s love. And I wouldn’t trade it for any amount of money in the world.
But you should have kids for this reason. At least 5 or 6. Then hope that they care for you (or at least some of them) when you are old.