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For many people, raising children is the most fulfilling aspect of their lives. But dozens of older US parents told Business Insider that knowing what they know now, they might have made different financial decisions.Since mid-September, over 3,400 Americans ages 48 to 96 have responded to Business Insider reader surveys or emailed reporters about their life regrets.
'Several respondents said divorce and single parenting affected their retirement plans. Some said they struggled to support a family without a second income or with limited child support, while others said being a stay-at-home parent meant they didn't have much savings after a divorce.A BI analysis of 2023 individual-level census data found that divorced people had lower average 401 balances, less savings, and a more limited monthly retirement income than married people.
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