Dr. Jay Zigmont, founder and CEO of Childfree Wealth, provides expert insights into the unique financial landscape for those choosing a child-free lifestyle. He discusses the contrasting economic priorities between parents and child-free individuals, highlighting tailored financial strategies. Jay emphasizes the importance of disability insurance for child-free couples and explores unique retirement approaches that align spending with personal values. He encourages listeners to prioritize personal joy and proactive planning as part of their financial journey.
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insights INSIGHT
Child-Free Trend
A significant portion of the US population, about 25%, is child-free or permanently childless.
Younger generations are increasingly questioning the traditional life script of marriage and children.
insights INSIGHT
Financial Implications of Being Child-Free
Child-free individuals don't aim to pass on wealth, often adopting a "die with zero" approach.
Interestingly, the gender wage gap shrinks significantly among child-free couples.
volunteer_activism ADVICE
Financial Planning and Kids
Consider the financial implications of having children, which can be substantial.
Many child-free individuals cite finances as a major factor in their decision.
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The Silo series, comprising Wool, Shift, and Dust, is set in a post-apocalyptic world where humanity lives in underground silos. The series follows characters such as Holston and Juliette as they uncover the secrets and mysteries of their underground world. The books delve into the struggle between information and control, human curiosity, and the power dynamics within the silo society. The series reveals the origins of the silos, the true nature of the outside world, and the ultimate fate of the survivors as they strive to rebuild their world[2][3][5].
Portrait of Child Free Wealth
Portrait of Child Free Wealth
Jay Zigmont
The Child Free Guide to Life and Money
The Child Free Guide to Life and Money
Jay Zigmont
Imagine this: you wake up after a restful night’s sleep, not to the crash of toys in the playroom, but to the soft chime of your alarm or maybe even sunlight streaming through your window. You ease into your morning by getting ready for a run or some work without negotiating with kids over what they can or can’t wear to school. You enjoy a delicious breakfast, again, without an argument with any kids. For us, this scenario feels like a distant dream. As our listeners know, our homes are filled with the beautiful chaos of kids, and we wouldn’t have it any other way! But not everyone wants that kind of life. Some folks genuinely prefer the peace and quiet of a child-free lifestyle which is totally fine! However, our guest today argues that life without kids comes with its own unique financial challenges. Joining us is Dr. Jay Zigmont, founder and CEO of Childfree Wealth. Jay is a flat-fee fiduciary who specializes in helping those without children navigate their distinct financial priorities and goals. Today, we’ll dive into his insights and explore what financial planning looks like for people living a child-free life. Have a listen!
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