According to this MSN article it costs $250K + to raise a kid from birth to age 17 (doesn't include college tuition). From what I hear weddings costs $25-40K (on the low end), house around $500K or more, and kid $250K. That rounds off to, let's say $750K
And for some of us, we're still paying $20-30K for our graduate educations and must also factor in a loss of $70-80K for each year of lost wages and benefits due to unemployment and/or going to grad school (conservative estimate 2 years of lost wages). I'm not even counting money owed on student loans from undergrad here cause most of my friends went to school in Canada where it was more affordable and scholarships were relatively easy to attain I found. So let's say another $180K down the chute. That totals close to $950K.
No wonder so many of my peers are near/in their thirties and not able to "settle down". It's just completely inaffordable. How fucking depressing is that?
I should redesign that "Game of Life" with these new hideous figures and include ugly realistic things like long term unemployment, company filing chapter 11, visa issues, divorce, pathetic severance pay outs, tanking stocks, zero return on 401K/RRSP, increasing tuition, increasing gas prices.