A new baby in later years can throw your life plans and finances into chaos. Getty
A new baby in later years can throw your life plans and finances into chaos. Getty

The midlife baby blues: the challenges faced when becoming a parent later in life



Here in the UAE, conversations with strangers usually start with inquiries about two things: what we do for a living and how long we intend to stay here. Let me begin, then, by saying that I am employed as a journalist and that I really have no idea how long I'll stay as a guest in this country. I've never had a "game plan". I'm 45 years old, I have a wife, two sons, one therapist and no idea what the future holds.

More than 20 years separate my two boys and, truth be told, being a parent was never on my "to-do" list. I've never had that desire to be a dad and I assumed that, by the time I was in my 40s, there wouldn't be any more children coming along.

How wrong I was. Having remarried nearly six years ago, it was assumed by friends and family that the eventual pitter-patter of tiny feet was a certainty. But not on my watch, oh no. I had a nice life, after struggling for many years to make ends meet.

My wife and I talked about travel, savings and investments, perhaps buying our own house somewhere in Italy, France or Spain.  

We had a decent disposable joint income and plenty of time on our hands. We had money in the bank. We had plans and a realistic chance of achieving our goals. And then, one evening, I got the news I really didn't want.

I put on what I thought was a brave face, but my world was shattered in an instant. Life would, I feared, be put on hold indefinitely. I'd become selfish in recent years, which I didn't feel guilty about. My son was at university in the UK and had grown into a beautiful, gifted young man. I felt that I'd "done my bit" for society as a result. But my wife had never known what it was like to have a child and, while I was fighting depression over the news, she was utterly elated.

There was an immediate financial impact. I had been in a new job for all of four months when we discovered the pregnancy, and that meant we were not covered by the medical insurance provided by my employer.

The pre- and postnatal treatments were expensive, and we had to pay more than Dh60,000 to cover it, as we knew from the beginning that the birth would need to be a C-section delivery.

My moods were dark for long periods of time, but I reasoned that it would be OK once the baby was born. After all, I'd done it before and had coped. But it wasn't OK, not by a long shot. The birth had taken its toll on my wife in ways we never thought possible and she was practically an invalid for weeks. We had on our hands a little boy who seemed to do nothing but cry, sleep, feed and defecate in a never-ending cycle.

Apart from the financial hammering we underwent and the health setbacks, the lack of sleep was undoubtedly the worst aspect of being a middle-aged new parent.

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I hadn't realised, until it started being disturbed, just how I'd grown to love and depend on sleep over the years and, with us both being up and down constantly through each and every night, we didn't take long to snap.

I slept on the sofa most nights in an attempt to improve my rest hours, as I still needed to work full-time. Often I would weep until slumber descended on me, utterly drained, both physically and emotionally, all the while beating myself up about feeling so negative when this little boy was supposed to bring us both untold joy. I felt utterly useless and desperately lonely.

I was stuck in my own personal Groundhog Day and I hated it: get up, get the baby's six bottles filled with formula (after sterilising them in the kitchen, which usually resembled a makeshift science lab), get dressed, go to work, come home, bath and feed the baby, spend an hour or so rocking him to sleep, try to summon up the energy to eat something, collapse into a crumpled heap on the sofa and then hit the repeat button.

There's no way to sugarcoat this, that first year was a living hell and mostly I put that down to my age and our location. When my first son was born, I was in my early 20s and surrounded by friends and family who would help us out. This time around my joints were aching and we were entirely bereft of any support network, except for the cleaning lady who came in once a week. 

Having spoken to a number of dads here who are a similar age to me, I quickly discovered I was not alone and the emotional descent into the "seventh circle" that I experienced is extremely common among men in their 40s who become fathers, yet is rarely spoken about.

"Most of the people I treat are men aged 35 and up, and many of them are new fathers," says Dr Saliha Afridi, managing director of LightHouse Arabia in Dubai. Afridi is also the clinical psychologist whom I started seeing after I began having panic attacks last year.

"Parenthood is being left later in life than it used to be, because of fertility issues, career building and lifestyle choices," says Afridi.

"But what we often overlook is that, especially for men, this 'middle passage' causes us to question our identities, our lives so far and the choices we've made. Throwing a baby into the mix can cause many unexpected problems."

She adds that men face very specific issues, with societal pressure to "man up and just get on with it" being responsible for much emotional and mental damage. "It can be extremely lonely for men," she advises, "because all the support out there tends to be geared towards new mums. Having a baby puts huge stresses on a marriage at the best of times, and it's important to understand that, for men, it can be likened to experiencing a 'death' of their life up to the point when a child comes along. They will be grieving while adjusting to their new circumstances, dealing with feelings of guilt for feeling the opposite of how they think they should be."

Afridi says that LightHouse Arabia, if it receives sufficient interest from fathers, will soon be arranging regular parenting classes just for them. "They need to seek help," she says, "to initiate some sort of platform to open dialogue with others for advice. Men tend to 'self-medicate' to seek some of that comfort they need, and that's almost always counterproductive."

But my experience also proves that things do get better with time. Once our new son began sleeping through the night (up to 12 hours at a time), the stresses in our home life seemed to melt away. And then, as he got older and began walking and talking, his magical personality started to shine through and I began to enjoy being a dad again. I still do.

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

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8.15pm Singspiel Stakes Group Two (TB) $250,000 (T) 1,800m

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10pm Dubai Trophy Conditions (TB) $100,000 (T) 1,200m

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The National selections:

6.30pm AF Alwajel

7.05pm Ekhtiyaar

7.40pm First View

8.15pm Benbatl

8.50pm Zakouski

9.25pm: Kimbear

10pm: Chasing Dreams

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Brief scores:

Southampton 2

Armstrong 13', Soares 20'

Manchester United 2

Lukaku 33', Herrera 39'

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5