how much would you charge your AC?

[Anonymous]

Kid (single) who is 28 yo wants to live at home. Failure to launch situation maybe. Making about 125k/year. House is big enough and we are well enough to keep supporting him but i think he should pay. I am thinking maybe 800 per month - room and board all included. too much? too little? or just right?? should we let him stay free? thoughts?

[Anonymous]

If you don't need the money, I would let him stay for free. He has to keep his own space clean and tidy without your help. He should help with groceries and cooking, and not disturb you when coming in or being loud past your usual bedtime. If he doesn't hold up his end of the deal, he will have to find his own living arrangements.

[Anonymous]

Stop referring to him as a "kid". Maybe this is why he's not launching - he's thinking of himself as a kid. If your GROWN ADULT son is 28 and earning six figures unless he has some physical disability that makes him incapable of living on his own, I would just say no. No, he can not live with us.

[Anonymous]

What is his reason for wanting to live at home if he makes $125k/year?

[Anonymous]

I would let my kid live at home for free, especially if they were saving for a down-payment or about to move or something - and of course, if they needed help. I think it's important to have a clear goal or something they're working toward, but not important that they pay rent.

Agree they need to help with chores and meals.

[Anonymous]

At that income, I would charge market rate since they have the ability to pay. If they had student loans, I would take the money I collected in rent, and pay down their student loan.

If no loan, then I would just collect the rent and hold onto it for the future for them or any future children.

[Anonymous]

Mine makes $60k and I charge $900 per month. Also mine is expected to take on adult roles in the house - do their share of cooking, pet care, yard work and driving siblings. I don’t need their money so the savings account they will take when they move out keeps growing.

[Anonymous]

i want to know the thinking behind this. most ACs do not want to live at home if they are making good money.

[Anonymous]

Anonymous wrote:What is his reason for wanting to live at home if he makes $125k/year?

I do not know. I think he is comfortable here. Yes, we don't have to charge him anything. We are pretty comfy without his help.

[Anonymous]

Why does a 28 year old want to live at home with his parents?? He should absolutely charge rent unless you want him living with you forever.

[Anonymous]

Anonymous wrote:At that income, I would charge market rate since they have the ability to pay. If they had student loans, I would take the money I collected in rent, and pay down their student loan.

If no loan, then I would just collect the rent and hold onto it for the future for them or any future children.

no loans. we paid for kid's college/post college education. if we were to charge anything, we would probably do that - hold onto it.

[Anonymous]

for those with "why" question, i can't answer you because i don't know other than to say it's comfortable being here i suppose.

[Anonymous]

On the dating scene, I would think there’s something wrong with him if I met a 28yo who had a good job but CHOSE to live with his parents.

[Anonymous]

With an income of $125K, I wouldn’t call him “failure to launch.” Failure to launch young adults are typically working part time and playing video games.

[Anonymous]

Unless money is tight, no need to charge anything. He is gainfully employed so once he is bored of living at home or finds a girl, he'll move out. I doubt he'll be there for more than a year or two. However, if you want you can charge him $800 and gift it to him when he gets his own place or keep if you yourself need money.