Author - Tracy Sherwood, CFP®

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Two Ways to Support Your College Grads Without Letting Them Back into the House

Two Ways to Support Your College Grads Without Letting Them Back into the House

Years ago, it was typical for recent college grads to return home to live with their parents for a few years until they were able to support themselves and live financially independent lives. Many of the financial plans we developed over the years incorporated goals to financially assist clients’ children to some extent beyond their college years. We work with clients to determine the amount of financial support they can give, and for how long without sacrificing their own financial future.

Today, we find that as adult children are approaching their thirties they are still relying on their parents for …

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