Anonymous wrote:Definitely younger the better to become empty nesters. At the same time, it is better to be child free in your 20's.
As I say to my sister who had her kids in her 20s, whereas I had mine in my 30s, you either pay for it now or later.
She paid for her it in her 20s -- no career, struggled financially, but youngish as an empty nester -- all their kids are living on their own
I paid for it in my early 50s -- I'm an older parent and when I retire, I will have money, but I won't be as healthy as my early 40s.
For me, I would not change the way I did things. Having kids was super hard, and I was not prepared for it in my 20s, at all. Plus, even if my kids were to fly the coup in my 40s, I would still have to work FT and wouldn't be able to travel *that* much.
Whereas, I'm planning to retire in my mid 50s once the youngest goes to college, and we can travel a lot more frequently and for a lot longer.
So, I say, early to mid 50s because you still have some youth left to enjoy traveling and not work. Retiring at 40s would be a lot harder financially than in the 50s.