Adult Kids’ Expenses: Which Should Parents Pay For?

Now that college graduation season is here, parents and their young adult kids are coming face-to-face with the key post-graduation financial question that will impact them for years: Who pays for what after the college degree? That’s really a bunch of… Continue reading

How Young Adults Feel About Financial Independence From Their Parents

Boomer and Gen X parents sometimes fret about all they’re still doing to provide financial support to their grown children. But how do the millennial and Gen Z kids feel about getting that support? Merrill Lynch and the research firm Age Wave just aske… Continue reading

Why Family Estrangement Is Roughest at the Holidays

(This story was originally published on Next Avenue in 2017.) When you’re about to ask a friend or a colleague whether they’re going home for the holidays this week, think twice. The holidays — so often tied to family and tangled in questions of going … Continue reading

How to Handle Crisis Calls From Your College Kid

You can’t predict the day. You can’t predict the hour. But you can predict one thing: If your kid is away at college, there’s a mighty good chance that an urgent phone call, email or text from him or her is somewhere in the offing. Every parent in Amer… Continue reading

How Your Adult Children Can Help You Plan for Retirement

A couple of years ago, my then 39-year-old brother, our divorced mom, and I went on a tropical vacation in Hawaii. The trip coincided with my mother, in her late ‘60s, entering semi-retirement. After working two full-time jobs as a nurse for over 25 ye… Continue reading