Considerations regarding your children General household costs1 Day care costs2 College costs3 45% of people ages 18 to 29 are getting some kind of financial help from their parents4 1 Plutus Foundation, “A Breakdown of the Cost of Raising a Child,” February 2021, plutusfoundation.org/2021/a-breakdown-of-the-cost-of-raising-a-child. 2 Center for American Progress, “Where Does Your Child Care Dollar Go,” February 2018, americanprogress.org/article/child-care-dollar-go. 3 Sallie Mae, “2020 Higher Ambitions: How America Plans for Post-secondary Education,” 2020. 4 CNBC, Amid inflation, nearly half of parents financially support their adult children, but ‘it has to go both ways,’ economist warns, March 29, 2023 (cnbc.com/2023/03/29/amid-inflation-half-of-parents-financially-support-adult-children.html) RO2834090-0423