Financial planning when adult kids move home

This recent article from the Wall Street Journal offers some good financial planning advice for families with adult children moving home.Their key tips:

  1. Establish a Plan
  2. Share personal financial information
  3. Preserve retirement plans
  4. Older parents are the boss (for familes with 3 or more generations living together)
  5. Household contributions

You can read the whole article here.

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