Anonymous wrote:
I get what you're saying but I don't think your life experience is limited to those who have kids after 40. We had kids at 32. They're now in late elementary and we're also in our peak earning years, we will have saved a ton by the time our kids get to college. We're able to travel internationally every year and our kids can do every travel sport and extracurricular they want. You don't have to be 55 to achieve this, most of us (in NW DC) get there by 45. You may have an extra million+ in the bank than we do (as you're 10 years older) but I think the financial benefits of "waiting until you're older to have kids" kicks in for anyone who has kids in their early 30's or older.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Wow. When we're about 53, the plan is that DH and I are retiring and cruising the islands.
Good luck to all of you older parents on here! It takes a special kind. I couldn't imagine.
We did that in our 20s as singles and our 30s together. I see my parents limping along on retirement cruises and I didn't want to do that. But as others have said, people have different time lines.
Go to China and Egpyt, two of my favorites. Enjoy!
Us too.
We were childless by choice (and high earning DINks) from 26-35.
We traveled extensively (and first class due to miles!). We took a year long sabbatical to party and live in Europe. Life was fantastic--ran with the ups, live parade, tomato fest, Oktoberfest, etc. nightclubs with no closing times in Barcelona. None of these things compatible with 50+ year olds. It's a different kind of travel.
Glad I got to experience young and pretty. Doing it some with kids. I still plan to travel in 50s/60s, btw.
Anonymous wrote:Interesting thread.
My partner and I met around 40 and married and had two kids in relatively short order. So now we’re in our early fifties with two older grade school kids.
On the one hand, energy is a bit of an issue. We have to work a bit to keep up, my son will outski me in a couple of years, and I’m not quite as active with either kid as I would have been were I 30. And we’re definitely the older parents at our school functions, though most don’t believe it because I’m blessed with a wife who looks ten years younger than she is.
On the other hand...
I work out quite a bit to keep up and keep healthy. So having kids as an older definitely motivates me to take care of my own health.
I am mentally and emotionally a *much* better parent than I would have been when I was 30. I let a lot of little things roll off my back, and respond intellectually and with compassion when there are kid problems, as opposed to emotionally and with reaction. I’m a lot calmer parent, and looking at our peer parents who are younger, our parenting is a lot more consistent and values-driven. That’s not a knock on them, it’s just a benefit of maturity and stability that comes with being older.
I also get to learn from my friends. Most of them had kids around 30, so they are sending them off to college now. One, I get to see their parenting styles and learn from them. Two, I see how their approaches worked out, and I get to see which ones produced needy, clueless kids and which produced Ivy League kids who have good heads on their shoulders and are compassionate, balanced citizens. And three, they’re mostly looking around and saying “what now?” (and in some cases “who with?”) Later parents don’t have that yawning chasm of four decades in front of them with nothing to do.
And financially it is worlds easier to be a later parent. My wife and I busted our tails (and lived it up) before marrying. We know what single life is like, and it was fun, and we’re done with it. We had a much easier time agreeing on joint priorities and financial plans. And we are in peak earning years well before college expenses arrive, and so are well prepared. We don’t sweat the costs of travel league or enrichment courses. Some of that is hard work and good fortune on our part, but some of that is simply where we are at in life. The first few years were a lot of scrimping and saving, but hey, we had three year olds, we were too damn tired to go to Capital Grille anyway. Chinese on the couch was just fine.
Travel is actually a heck of a lot of fun now. We have kids who will engage in life, right at the time when we have money and experience to pick great destinations and travel in style. We can plan for Europe and Asia for lengthy trips that our kids want to join us in and will remember for the rest of their lives. And in our 50’s, despite the view of some of the younger parents here, we’re nowhere near old enough where physical limitations are an issue. I don’t think we’ll be tottering around Burning Man in our walkers just yet.
And when the kids launch and we’re in our early sixties, sure, we’ll miss them. But we’ll miss them from some great two martini dinner restaurants. We’ll bear up somehow.
We are not that concerned with being a health burden to our kids. That’s on us to manage as parents, not them, and we have planned appropriately for care and insurance and coverage to not be a burden. (We have those issues to an extent with our parents, and damned if we’re going to pass that on). Again, older parents can have the experience and the planning to solve the problems that come up.
The biggest downside is grandkids. We recognize that if our kids do as we did, we’ll be 80 when the grandkids are born. That’s not a gimme obviously. and we’d be sad if we missed that. But we hope to live well and healthily and make it to that time. The health outcome correlation with wealth and with social connection is quite strong. We hope that the advantage that late parenting provides will help manage that risk.
Sure, if you had asked us at the time we had the kids, we’d rather have started at 32 or 35 instead of 40. But there”s a lot of pros to doing it on the timing we were given. “Always look at the bright side of life, dah-dah, dah-dah#dah-dah-dah-dah”
Anonymous wrote:Anonymous wrote:The most important thing if you are an older parent is to have your estate planning done in the event you or your spouse die while your children are minor or even young adults. One thing we do not have is reliable family to take over in case DH and I pass away prematurely. We have made a good friend legal guardian if it occurs before our kids (twins) reach adulthood. They are in their first year of high school. We plan to downsize when they graduate high school and start college. We will put the next house in trust for them. We have name them secondary beneficiaries, after DH and myself, on all accounts and life insurance policies. Being older parents, we are concerned with leaving them without planning for the unexpected.
I agree with this; however, my advice, from experience unfortunately, is to be ready regardless of how old you are. My husband and I started having kids at 22 and 18, respectively. Four kids total with the youngest being born at 24 for me and 29 for him. We thought we had plenty of years ahead of us to watch our kids grow older, produce grandkids, great grand's etc.. Unfortunately he passed away a few months ago at the young age of 44 from heart disease. I am 40 and young, but totally blown by the curveball life threw our way.
Anonymous wrote:Anonymous wrote:I am 56 and got ice cream with my 11 year old daughter yesterday and she is still in the love Daddy phase.
I always feel sorry for folks who had kids young. They had no fun times in 20s and 30s and in 50s live in an empty house
Meanwhile, you brace for impact every time you step out with her in hopes that no one will mistake you for her grandmother...
Anonymous wrote:Anonymous wrote:I am 56 and got ice cream with my 11 year old daughter yesterday and she is still in the love Daddy phase.
I always feel sorry for folks who had kids young. They had no fun times in 20s and 30s and in 50s live in an empty house
Meanwhile, you brace for impact every time you step out with her in hopes that no one will mistake you for her grandmother...
Anonymous wrote:I am 56 and got ice cream with my 11 year old daughter yesterday and she is still in the love Daddy phase.
I always feel sorry for folks who had kids young. They had no fun times in 20s and 30s and in 50s live in an empty house
Anonymous wrote:The most important thing if you are an older parent is to have your estate planning done in the event you or your spouse die while your children are minor or even young adults. One thing we do not have is reliable family to take over in case DH and I pass away prematurely. We have made a good friend legal guardian if it occurs before our kids (twins) reach adulthood. They are in their first year of high school. We plan to downsize when they graduate high school and start college. We will put the next house in trust for them. We have name them secondary beneficiaries, after DH and myself, on all accounts and life insurance policies. Being older parents, we are concerned with leaving them without planning for the unexpected.
Anonymous wrote:Wow. When we're about 53, the plan is that DH and I are retiring and cruising the islands.
Good luck to all of you older parents on here! It takes a special kind. I couldn't imagine.
Anonymous wrote:Anonymous wrote:I am 56 and got ice cream with my 11 year old daughter yesterday and she is still in the love Daddy phase.
I always feel sorry for folks who had kids young. They had no fun times in 20s and 30s and in 50s live in an empty house
Why would you feel sorry for them? As this thread has shown, there are pros and cons to both scenarios (having kids young vs. having kids older).
Plus, I'm willing to bet that there are plenty of people who waited until they were older, only to find that they could not have kids.
Anonymous wrote:I am 56 and got ice cream with my 11 year old daughter yesterday and she is still in the love Daddy phase.
I always feel sorry for folks who had kids young. They had no fun times in 20s and 30s and in 50s live in an empty house