Preparing for adult kids moving home after college
I spoke with AARP recently about how to prepare for adult children boomeranging home after college — something I did myself 17 years ago. (Still think this is a new or temporary trend?)
Here’s the key point, which I can’t emphasize enough:
The end goal, Newberry says, is not to kick them out as soon as possible but to “help them get to the point where they are ready to leave.”
You can read the rest of the article on the AARP’s website, or check out the video below for five key strategies to make the situation work. I recorded this video way back in 2009, so the audio is not the best, but it’s worth bearing with it for the important information.
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…
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…
My advice was featured today in EverythingZoomer.com's Boomerangst column, which dealt with a family whose adult son is contemplating a move home after several months of unemployment: “It’s tempting to think that everything’s going to…
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