Planning for the Next Generation

Baby on board? Plan your growing family’s financial future

Kids are expensive. From diapers to college, the cost of raising a child is a significant factor in every family’s monthly finances. Experts estimate the average cost of raising a child in the U.S. from birth to age 17 can top $200,000. Whether you are just considering starting a family or already have a baby on the way, taking a few simple steps now can help you financially prepare for the road ahead.