That’s the question posed by a Globe and Mail article published yesterday that features my advice for parents whose retirement is being threatened by adult children living at home:
“A family needs to sit down ahead of time and work out a budget … look at what their existing costs are in terms of paying for their home and things like heat, electricity, insurance and food, then estimate how those costs will be impacted by having another person living at home.
“It’s easy for adult children to go in expecting that it’s not going to cost anything or to be completely unaware of what the costs are.”
Read the rest of the article on the Globe and Mail’s website.
Recent media appearances
AdultChildrenLivingatHome.com has been in the news a couple of times recently, offering tips for parents dealing with adult children returning home after college. The Ventura County Reporter's story Boomerang Generation: From high hopes to grim…
Adult Children in the News
AdultChildrenLivingatHome.com has been featured in a number of news stories lately -- further evidence that multi-generational living is a growing trend. You can find information about all of my work with the media on the…
Where the kids are…
In one area of Sydney, Australia, 71% of 17-28-year-old adult children still live at home, prompting one television producer to create a documentary about the phenomenon.