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Outside the Box: When it comes to early retirement, what do we owe our aging parents?

When we talk about how to retire early, and how much we need to save, we often only talk about how much our own needs and wants will cost.

But of course that’s an incomplete answer. For nearly all of us, there are other people in our lives who may need to factor into our plans in some way, both directly and indirectly.

For a large majority of adults, there are kids to consider. All their costs while growing up, then maybe the costs of college and of getting set up on their own afterward. While kids don’t have to be as expensive as the statistics tell us, they never cost nothing.

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