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There is one parenting mistake that parents should avoid and that is not saving for their retirement.
As children become adults, our role and expectations as parents must evolve to sustain a close relationship with them.
Prepare yourself mentally and financially, as before you know it, your children will grow up and fly the coop.
I re-evaluated my household spends and stopped splurging on my children so I could prioritise my retirement.
Having kids doesn't mean you should forget yourself and your retirement plans. Check out our 5 tips for younger parents.
The decision to retire and when to do so should be a personal choice. Start saving today to support whatever decision you make.