New data from the Pew Research Center provides some interesting statistics about adult children living at home. I’ll provide a detailed post in the next couple of days — I want to take some time to analyze what this new information means for families.
For now, the Huffington Post has an interesting article on the topic that ends will a poll: Do your parents give you an allowance? As of this writing, 22.06% of respondents had voted yes. That’s about in line with the Pew Statistics that show 1 in 5 18- to 34-year-olds is receiving an allowance from mom and dad. I’ll keep you updated on the results of the poll!
Adult kids moving home experience "growing pains"
MSNBC recently featured a story about adult children moving home because of the recession. It talks about how relationships change between adult kids and their parents when the adult kids return home. We particularly like…
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: Establish a Plan Share personal financial information Preserve retirement plans Older parents…
"Convenience" brings adult kids home to nest
A study released last month in Australia shows that while some adult kids are moving home for financial reasons, some just like the fringe benefits that come with living with Mom and Dad. According to…