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Not having children ‘breaks’ traditional financial planning, says CFP—8 money rules for childfree people

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January 16 2024- The article discusses how the traditional rules of personal finance may not apply to individuals who don’t have children or don’t plan on having any, known as childfree people. According to Jay Zigmont, a certified financial planner and author, childfree individuals may not need to focus on building generational wealth, which challenges conventional financial advice. Zigmont suggests that leaving significant inheritances to nieces or nephews might not align with the financial goals of childfree individuals, emphasizing the potential for such funds to be more beneficial if used earlier in life.

https://www.cnbc.com/2023/12/05/money-rules-for-childfree-people-according-to-a-cfp.html

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