Episode 99 - How to Handle My Adult Child Moving Back Home

In recent years, we've witnessed significant shifts in economic landscapes, career trajectories, and personal life choices, leading to a rise in the number of young adults returning to their parental homes. These individuals often head back home for a variety of reasons, including economic pressures like student loan debt, job loss, or the high cost of living. For others, it's a strategic move during career transitions or a personal decision influenced by life events such as divorce or health issues. This growing trend presents unique challenges and opportunities for families. For parents, it can mean adjusting to a new household dynamic and redefining boundaries and roles. For the returning adult children, it often involves balancing independence with respect for family rules and routines. The interplay of these dynamics can be complex, requiring open communication, mutual understanding, and a bit of patience.
To help us navigate these waters, we're thrilled to have a very special guest who is a renowned expert in life transition. She has spent years studying and working with families to address the challenges of multi-generational living. Our guest today will share insights on why this trend is on the rise, how it impacts both parents and adult children, and what strategies can be employed to make this living arrangement work effectively for everyone involved. Please welcome Ellen Rothstein to The Retirement Success in Maine Podcast!