With higher levels of uncertainty in financial markets due to a myriad of global issues (COVID, the Ukraine war, supply chain interruptions), many have postponed investing with the worry of losing their hard-earned cash.

Often the first thing that comes to mind when thinking about starting a family are the softer pleasantries of having a baby and the joy that comes with a new family member. Having a baby is an exciting stage of your lives but can also be an anxious time for those ill prepared. One large aspect of getting ready for a baby will involve looking at your financial position.

The lifestyle you have envisioned for the future versus what you can afford will depend upon how much money you can save before retirement…