Tag: NRRI
![Parents helping their son with his homework at home in living room](https://crr.bc.edu/wp-content/uploads/2017/09/Parents-helping-their-son-with-his-homework-at-home-in-living-room-1536x1035.jpeg.webp)
Kids moderately increase the risk of falling short for households in their 50s. We just released a study that looks at the relationship between children and retirement security. Kids are expensive. Parents divert considerable resources to their children – both time out of the labor force when the kids are young and direct expenditures on…
![Mom pushing son in a swing](https://crr.bc.edu/wp-content/uploads/2017/09/Mom-pushing-son-in-a-swing-1536x1024.jpeg.webp)
The brief’s key findings are: The cost of raising children could make it harder for parents to save for retirement. On the other hand, if parents offset child-rearing expenses by spending less on themselves, they could still end up well prepared in retirement. The analysis uses the National Retirement Risk Index to look at what…