The American Family: The Financial Crunch of Families

Episode 56

The American Family: The Financial Crunch of Families

Stat: $233,610. The cost of raising a child through age 17 for a middle-class American family, not including a college education.

Story: From diapers to day care and beyond, it’s getting more expensive to raise a family in the U.S. And just keeping up with daily costs makes saving for a rainy day or retirement all the harder. We speak with three families about what it takes to make it work—and what keeps them up at night. 

Related resources:

The Cost of Raising a Child

Americans’ Financial Security

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Podcast: The American Dream: Does Your Zip Code Determine Your Destiny?

4 Things You Should Know About Student Loan Repayment

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After the Fact

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The American Family

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In a special series, Pew’s “After the Fact” podcast explores the changing nature of the American family—from marriage trends to retirement finances—blending individual and family voices with expert perspectives on trends and their implications.