For those who haven’t heard the name, boomerang kids move back to their childhood home after school’s out.
A movie like Failure to Launch gives these young adults a bad name.

Financial planners fear their clients will spend much needed retirement dollars on Junior.
Some demographers question whether it’s even a growing trend. Many Americans used to live at home until they got married.

But can’t it be a smart move?
I never lived at home after the start of my sophomore year. But that doesn’t mean my parents haven’t helped financially over the years when they could afford to.

How about you? Are you a boomerang? Have a boomerang? What are the pluses and minuses of the setup?

This entry was posted on Monday, July 16th, 2007 at 4:45 pm and is filed under family finance, generations. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.