Three in four Americans in the lowest income bracket could run out of retirement savings within the first ten years. Many others will run through their savings long before they die. Saving for a retirement is one of life’s biggest financial goals, so why do so many of us fall short? One reason might be our children. On average, one child will cost parents more than $200,000 by the time they reach the age of 18. Often those expenses take away from money that would otherwise have been saved for retirement. That’s not a reason not to have kids, just one of many reasons why we don’t always save enough for retirement. For other reasons, click here.