How To Help Adult Children Get Back On Their Own Two Feet

An interesting aspect of being a financial professional is that we get a firsthand look at how people earn, save, and spend money as well as many things they’re dealing with on a daily basis.  One primary issue impacting the health and well-being of current and future retirees is the role their adult children play in their life.

Today, more than ever before, adult kids are moving home again and remaining financially dependent on their parents for longer and longer periods of time.  It’s no longer just a trend or a fad; it’s the way things are now.

Despite becoming more commonly accepted, there are, nevertheless, specific things that parents can and should do to make sure a transition back home, or ongoing financial support, doesn’t negatively affect retirement plans or any long-term relationship with children or other family members…