If there were a way for every newborn child to retire a multi-millionaire, wouldn’t every parent want to know it? The concept is quite simple. From the moment the baby is born, you save $1,000 a year in a Child IRA until the baby’s 19th birthday. Then you do nothing. If that money is invested for the long-term and earns 8% (which is 3% less than the average 11% long-term return for stocks), when that child retires at age 70, the Child IRA account would have grown to two-and-a-quarter million dollars. Parents who create a Child IRA today must establish a traditional IRA, but there are restrictions which limit whether a child qualifies. Don’t you think parents want to know what they could do right now to allow their child to benefit from a Child IRA? Award-winning writer Christopher Carosa thinks so. A veteran financial journalist specializing in retirement plans and investments, he has interviewed hundreds of people involved in the retirement industry – from people saving for retirement to retirement plan service providers to state and government regulators. In From Cradle to Retirement, Carosa expertly pieces together these thoughts and interviews to reveal a practical “How-to” guide for parents, grandparents, and their financial advisers seeking to help young children reap the benefits of the Child IRA. Within this hands-on guide, Carosa weaves the fascinating history the cultural views of retirement in America and the implications these have had on public policy. Perhaps of greatest interest, Carosa reveals real-world case-studies of people who have created actual Child IRAs for their children. From Cradle to Retirement takes a new twist on the old adage “save early and often.” In offering a detailed how-to on the innovative “Child IRA” concept, the book shows how minor children – from newborns to high school graduates – can save as little as $1,000 a year by identifying real jobs children take at various ages and end up retiring as multi-millionaires.