Tag Archive: supporting adult children

Financial advice for Empty Nesters – 10 important questions to ask yourself


10 financial questionsThe following 10 questions have been compiled as a result of having to evaluate these issues myself.  You can ask yourself these questions to help you make some critical decisions when your children have left the nest.  Your answers may be revealing.

It is the start of a whole new chapter in your life. You have spent many years working to educate and care for your children as well as to maintain your home. Now that your children are grown, it is the ideal time to make some changes. If you want to have a successful discussion with your financial adviser, you really need to prepare a little ahead of time and decide what you want to address. Issues such as retirement savings, reducing debt, and downsizing are central to any financial advice for empty nesters.