Cost of Raising Children Calculator
This calculator was designed to give you a rough idea of the financial implications of raising children. It is loosely based on the Department of Agriculture’s estimates of raising a child to age 18.
When used in conjuntion with the Added Time to FI calculator, you can guesstimate how many years children might add to your FI timeline.
This calculator originally appeared in the post Financial Independence With Kids: How Procreation Impacts FIRE.
Download all PoF calculators in one Excel file! You will be sent a link to the file and a confirmation to receive notifications of new posts and my quarterly progress note.