Jan. 30, 2024

EP135: Child-Free by Choice? Financial Strategies for the Unconventional Path - Jay Zigmont

EP135: Child-Free by Choice? Financial Strategies for the Unconventional Path - Jay Zigmont

In today's episode, joining us is the insightful Jay Zigmont, founder of Childfree Wealth. We're peeling back the layers on a very personal choice that's often shrouded in societal expectations: not having kids. Are children our financial safety net for old age? What are the implications of choosing a child-free life for one's wealth and legacy? Jay and I delve into these controversial questions, analyzing data and addressing the biases and judgments child-free adults face. Together, we discuss how individuals without children approach their financial planning, with a focus on innovative strategies that prioritize spending and living a fulfilling life, without the constraints often imposed by traditional financial goals. From the fears of parental regret to the joy of pursuing one’s passions, we navigate the complex terrain of living life on your own terms.

In this episode, you will learn 

  • The impact and purpose beyond financial wealth for child-free individuals
  • Examining assumptions about passing on wealth and legacies without children
  • Raising awareness of the struggles with societal comparison and information overload
  • Viewing impact through personal fulfillment rather than monetary or genetic legacy

Resources/Links Mentioned In This Episode

About Jay

Jay Zigmont, PhD, MBA, CFP® is the Founder of Childfree Wealth, a life and financial planning firm dedicated to helping Childfree and Permanently Childless people. Childfree Wealth is the first life and financial planning firm dedicated to serving Childfree people.

Dr. Jay is a CERTIFIED FINANCIAL PLANNER™, Childfree Wealth Specialist, and author of the book “Portraits of Childfree Wealth.” Dr Jay is the co-host of the Childfree Wealth podcast. His Ph.D. is in Adult Learning from the University of Connecticut.

He has been featured in Fortune, Forbes, MarketWatch, Wall Street Journal, New York Times, Business Insider, CNBC, and many other publications.  In 2023, he was named a “Rising Star” by Financial Planning.

Connect with Jay

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