Many young adults are embracing child-free lifestyles, driven by financial concerns and a desire for personal freedom. According to a MassMutual survey, 23% of millennials and Gen Zers without children plan to remain childless, with 43% citing financial reasons. This shift reflects the declining fertility rate and fewer married adults. A Pew Research study found child-free adults, whether single or in a dual-income household, tend to be wealthier and have more in retirement savings than their peers with children. Financial planning for child-free individuals, however, differs significantly, often prioritizing lifestyle goals over passing wealth to the next generation.
