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Reply to "Empty nesters... financial impact of kids leaving? "
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[quote=Anonymous]Our youngest of four is now 31 and married with a kid. So they've been launched for a while. We married young and retired young -- right after the youngest finished college. Many day to day expenses (food, entertainment, utility bills, etc.) are considerably lower. So is health insurance since we no longer have a family plan. We still have a family plan for the phones but the "kids" all pitch in their share. Cable/internet/streaming services are largely the same, although we do share passwords with kids and they pay for some of these. There are other expenses that we have incurred on behalf of the kids post-launch that you might not wish to. We've paid for nearly 100 percent of three weddings, helped two of our kids with down payments, and bought a house as an investment property for a third kid to live in. And we just booked a vacation condo for three weeks for close to $20k for the whole family to come and go consistent with their schedules. We only do this stuff because we want to though. [/quote]
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