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The New American Dream: No kids?

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60s, the question “It’s 10 p.m. Do you know where the children are?” was a common PSA on the evening news. Fast forward to 2024, and the question has shifted to “Where are all the moms?”

Last week, Fortune shined a spotlight on a coming seismic shift in societal norms – the inclination among Millennials and Gen Z to live a DINK (Dual Income, No Kids) lifestyle. It’s a topic worth talking about this Mother’s Day.

Parenting is not only a lifestyle change but one with significant money implications. Opting out could mean greater flexibility with your time and increased savings. But on the flip side, becoming a parent often adds a profound sense of meaning and purpose to your life, adding experiences that money can’t quantify. Above it all, growing and supporting the next generation – no matter the size – has far-reaching consequences for all of us, influencing aspects of our lives we might not immediately consider. 

Chris Perme may be reached at 330-527- 9301 or cperme@financialguide.com www.permefinancialgroup. com.

Chris Perme is a registered representative of and offers securities, investment advisory and financial planning services through MML Investors Services, LLC. Member SIPC. (www.SIPC.org) Supervisory Office: 2012 West 25th Street, Suite 900 Cleveland, OH 44113. 216- 621-5680. Perme Financial Group is not a subsidiary or affiliate of MML Investors Services, LLC or its affiliated companies.

Chris Perme

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