About this episode

Don and Tom discuss the financial implications of becoming a parent later in life.

Having a child later in life can change far more than your sleep schedule. It can completely rewrite your retirement plan. Don and Tom explore the financial realities of becoming a parent in your late 40s or 50s, from college savings and life insurance to delayed retirement and the temptation to sacrifice your own financial future for your children. Tom brings some very personal experience to the conversation—and a few stories about being mistaken for his daughter’s grandfather. Then, a liste...

People in this episode

Host: Don McDonald

Guest: Tom

Topics covered

• parenting
• retirement planning
• financial advice
• college savings
• life insurance

Keywords

• parenting
• retirement
• financial planning
• college savings
• life insurance

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