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Reply to "Empty nesters... financial impact of kids leaving? "
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[quote=Anonymous]I could be wrong, but I expect my expenses to go down a lot once the kids are launched. I now pay tuition, sports lessons, clothes, personal maintenance (their hair and skin), vacations, etc. Around the same time as they are hopefully launched, my mortgage will be paid off too. All these items make up the vast majority of my expenses, and they’ll be eliminated either totally (tuition, sports) or reduced by 1/3 (2 girls taken off the personal maintenance and clothing list). DH doesn’t really spend on personal maintenance or much in clothes so it’s really just me and it’s not that much.[/quote]
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