If rocker Mick Jagger isn't out touring later this year, he'll be home changing diapers, at age 72. The rock legend is awaiting the arrival of his eighth child.
While parenthood in older age is still the exception rather than the norm, financial planners say it's becoming increasingly common.
"In your 60s, we're not just talking about celebrities as older parents," said Terry Siman, managing director at United Capital, based in North Wales, Pa. "People get remarried, and that'll do it."
Jagger is not the only older dad who's fiddling with bottles these days. Fellow Rolling Stone Ronnie Wood, 68, and his wife welcomed twins this May. Last year, Billy Joel at 66 became a dad for the second time.
Parenthood at a later age brings a host of money issues, so preparation is key if you're about to juggle day care and retirement.
"If Mick Jagger does the planning, he'll finally get the 'Satisfaction' he's been looking for," said Gavin Morrissey, managing partner at Financial Strategy Associates in Needham, Mass.