Skip to content

It May Be Time To Clean Out The Nest

Young PeopleDo you have a young adult child living in your home? He or she may be delaying your retirement. Today’s article discusses why parents with grown children in the home can negatively affect their retirement. Here’s what they had to say, “Young adults should be moving up, but in many cases they’re only moving back in. And it’s threatening the retirement of their parents — both financially and psychologically. The job market for young adults has improved steadily since 2010, yet the number of millennials living with their parents has continued to climb. As of the beginning of 2015, 26% of millennials (defined as those currently age 18 to 34) lived with their parents, according to the Pew Research Center.” To read more, CLICK HERE.