Is your adult child moving back home? Make sure you have this conversation

Is your adult child moving back home? Make sure you have this conversation
·3 min read

Moving back in with Mom and Dad can help adult children lay down a healthy financial foundation, and even their parents could feel the perks — if the parties talk about it. Retirement Tip of the Week: If you’re in a situation where your adult children are moving back in, or you are the adult child moving back in, sit down with your relatives and talk about expectations – financially and around the house. “The big challenge for a lot of parents whose kids boomerang back is that it takes money and resources,” said Delvin Joyce, a financial planner at Prudential.