Tag: kids leaving home

Group of two couples of baby boomers relaxing and waving while sitting on white adirondack on luxurious green grass lawn

What Happens When the Kids Leave Home?

MarketWatch Blog by Alicia H. Munnell

July 13, 2016

New study shows miniscule increase in 401(k) saving, suggesting retirement crisis is real. Kids are expensive. As a result, when children become financially independent, parents often have a substantial amount of extra money on hand. In this case, they have two basic choices: spend more on themselves or increase their saving for retirement. What they…

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