I’m a parent and yeah it’s expensive but not multiple mortgages expensive unless you’re choosing certain expenses like very costly private schools. I also don’t compare parenthood with investing in the S&P 500 as they are radically different undertakings, but that’s a different discussion entirely.
It is meaningless calculating cost by simple division when the endeavor takes 2 decades. Money today are different from money 20 years ago. S&P500 is pretty reasonable and well accepted device to calculate opportunity cost over such long timeframes.
i expressed my opinion. You may have different one. Expressing an opinion different than yours isn't "lecturing".
>I’m also not going to let 1.2mill suddenly equal 20k/yr raising a kid!
using S&P500 as the opportunity cost evaluator the 20k/yr results in even more than $1.2M. I don't see what you're arguing about. Do you have a better opportunity cost evaluator than S&P500?