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New Child

Few events rival the joy of welcoming a new child into your family. As you prepare to be a new parent, consider the impact a child will have on your finances. In 2008, the U.S. Department of Agriculture estimated that the cost of raising a child from birth to age 18 was $291,750 (adjusted for inflation), not including college costs. Luckily, the bigger expenses come in later years, and you have time on your side. In addition, we have resources that can help you prepare for this event.

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This information is for educational purposes only and is not intended as tax or investment advice.

This information is prepared by an independent third party, Broadridge Investor Communication Solutions, Inc. and is provided for informational and educational purposes only. Waddell & Reed believes the information has been obtained from sources considered to be reliable, but does not guarantee the accuracy of the information provided. This information is not meant to be a complete summary or statement of all available data necessary for making financial or investment decisions and does not constitute a recommendation.

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The products and services described in this website are for U.S. residents only. The products and services offered within this site are available through our financial advisors. Waddell & Reed financial advisors may only conduct business with residents of the states for which they are properly registered. Some products and services mentioned may not be available in all states or to all clients. Brokerage, investment and financial advisory services are made available through Waddell & Reed, Inc.

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New Child