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Adult Children
Reply to "Do you regret not having that additional kid?"
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[quote=Anonymous]We have 3 who are high school and college aged and while I don't regret the kid, it's definitely a huge additional expense. Each kid is about $400K for college. Plus all the other expenses of teenage hood: the cost of college visits, SAT prep, camps, sports, lessons, travel, clothing, driving lessons, haircuts, flights, a car (or in our case -time splitting our cars) etc. We're in a very different spot than friends with our same income who stopped at 2 kids: we'll probably spend a million or more on this third kid over the course of their life and that's a million that people with 2 kids don't have to spend. NO--we don't regret it. But it becomes apparent when your kids are teens are older that it's the total cost per raising each kid is a LOT of money. [/quote]
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