Download a free ebook copy of
Portraits of Childfree Wealth
Announcing our new book, Portraits of Childfree Wealth
Childfree individuals are an underrepresented, and misunderstood, minority group in the US. While 11% of the US over 55 are Childfree, the financial and popular literature has very little to say about what it means to live a life of Childfree Wealth. Even within the Childfree community, there is very little about how choosing a Childfree lifestyle impacts your life, wealth, and finances.
In Portraits of Childfree Wealth, Dr. Jay Zigmont, CFP®, interviews 26 individuals and couples to understand their lives. Each portrait provides a different perspective on Childfree Wealth from a diverse population across the US. There are stories from people who are barely making ends meet and others who have achieved FIRE (Financial Independence, Retire Early) or FILE (Financial Independence, Live Early). Being Childfree does not automatically make people rich, as we still suffer from income disparities. The difference is that if a Childfree person is barely making ends meet now, they would have drowned if they had a child.
Some key findings:
- The reasons for being Childfree are as varied as the people themselves.
- There are very few or no regrets from people being Childfree.
- Being Childfree does not automatically make you rich.
- There is a relationship between growing up in poverty and poor and being Childfree.
- COVID-19 had an impact.
- Childfree Financial Independence is simple: 1. Got out of debt (and stayed out), and 2. Maxed out their retirement plans.
- Childfree people may prefer FILE over FIRE.
- Childfree people may be able to take turns growing and providing support (in a Gardener and the Rose approach).
- Childfree Wealth reflects the ability to have the Time, Money, and Freedom to achieve your goals and dreams. While each person might have put those in a different order, the bottom line is that being Childfree allows you all three.
Here are a few example Portraits of Childfree Wealth:
- Maggie’s Portrait of Childfree Strength – Maggie was raised by a poor, single mom. She shares how she grew, met the love of her life, lost him when he died at 50, and now is working to live her best Childfree life.
- Carly’s Portrait of Childfree Struggle – Carly, like many others in the US, is struggling. Carly and her husband moved back to the US just before COVID-19 hit and are just trying to make it through.
- Jesse’s Portrait of Childfree Intentional Balance – Jesse and his wife live in an RV, and are working hard to find a balance that allows for Jesse to follow his dreams and create video games.
- Alison’s Portrait of Freedom – Alison shares her life and how she went from creative writing to trucking on the path to being a “Lady of Leisure.”
Live, Learn, Plan, LLC (d/b/a "Childfree Wealth") is a registered investment advisor offering advisory services in the State(s) of Mississippi and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by Live, Learn, Plan in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant to an applicable state exemption.
All written content on this site is for information purposes only. Opinions expressed herein are solely those of Live, Learn, Plan, unless otherwise specifically cited. The material presented is believed to be from reliable sources and no representations are made by our firm as to other parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant, or legal counsel prior to implementation. When you link to any third-party websites provided on this site, you are leaving this website and assume total responsibility and risk for use of the websites you are visiting. We make no representation as to the completeness or accuracy of information provided at third-party websites.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.