> But deep down I get it. Babies are a huge opportunity cost. Financially speaking, they are like winning the lottery but backwards. You can't even think of having one without cancelling your subscription to a good night's sleep. And if you take into account inflation, economic recession, and the rest of the news cycle's highlight reel, even a one-child family can seem to have one too many mouths to fish Lego pieces…
It costs $310k to pay for a kid from 0-18 per Brookings. The math is straightforward to work backwards to the income you need to afford that along with your basic needs and retirement savings, and most people don’t have the means. Median US lifetime earnings are $1.7 million. https://thehill.com/policy/finance/3608647-new-estimate-proj...
Do you have a link to the actual study or the breakdown what went into this?