E042 Adult Kids Who Don't Launch

Are you still supporting your grown children?

You are not alone! A new phase of life referred to as “emerging adulthood” on the rise in adults age18 – 34. 34! This episode covers the current stats, tips for preventing Boomerang Kids, how to deal with a kid who wants to move back in or needs financial assistance to live on their own.

“The most important thing that parents can teach their children is how to get along without them”

– Frank A. Clark

The numbers:

Of adults over age 50, 66% are supporting an adult child.
Of adults between 40-59, 73% are supporting an adult child as their primary source of income.
Nearly 25% of adults between 25-34 live with a parent or grandparent.

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Mary