Kiplinger

Your Kid Is Moving Back Home? How to Make the Most of It

It's true that, statistically speaking, the number of college graduates who move back home after finishing school is on the rise. In fact, 28% of recent college grads currently live with a parent, up 8.8 percentage points in a little more than a decade, according to a 2018 analysis of Census data by Zillow. Often, our initial reaction is one of negativity. When will they get a job? How long will they be staying? Will they ever leave?

While these questions may be valid, there's a positive side to the situation as well. Additional time with your grown child can present many opportunities--opportunities you should seize while you can.

What Does It Mean to

You're reading a preview, sign up to read more.

More from Kiplinger

Kiplinger4 min read
Retiring At 30: How To Sensibly Handle An Early Fortune
In August 2019, Indianapolis Colts' superstar Andrew Luck announced his retirement at the ripe age of 29. He cited the injuries that have stolen his love for the game and the widely known health risks of professional football as his reasons for early
Kiplinger11 min read
10 States With the Fastest Rates of Job Growth, 2020
U.S. job growth in 2019 is likely to average 170,000 jobs per month, down from 223,000 in 2018. The decline is partly attributable to fewer available workers to hire with the low unemployment rate. Also, businesses are reluctant to aggressively pursu
Kiplinger3 min read
Annuity Exchanges, Full or Partial, Boost Flexibility without Creating Taxes
Cashing in an annuity usually produces taxable income. Additionally, if you surrender your annuity before the contract term is up, often there's a surrender charge. But you aren't stuck for years if you have a low-paying annuity or even a type of a