What to do When Your Children Move Back Home

Retirement is a time that many parents look forward to. They get more available freedom, and the empty nest allows more time for the couple. When adult children are facing problems and move back home, parents often want to do anything to help them through the situation. While parents are able to help when children move back home, it is important to ensure that it will not result in financial problems that result in going back to work.

Set Ground Rules

When children first move back into the home, parents need to establish set rules and guidelines they must follow. This is particularly true when it comes to potential financial problems. For example, parents should set a rule that if the adult child uses the car, he or she must fill the tank with gas before coming home.

Setting up rules in the beginning will ensure that adult children are doing their part to get back on their feet and will not cause financial difficulties that make parents go back to work or put upcoming retirement plans on hold.

Never Lend Money

Parents who allow children to move back in for any reason must understand that it is never a good idea to lend money to their children. While it might seem that the child will use the money wisely, parents need to keep in mind that any money provided to children is not likely to end up returned.

Lending money is never a good idea, regardless of the individual the funds are helping. Children who are lent money will expect another loan in the future and will often get upset when the funds are not provided. Parents should inform children that they will not lend money.

Set Up an Allowance System

While it is not a good idea to allow the system to carry forward for long, parents who want to help children get back on their feet and provide enough cash to look for employment can establish a short-term allowance system. Parents should always take precautions to ensure that their children understand that the system is for the short-term only and need to set restrictions on the funds.

Giving a short-term allowance will not only prevent lending, it will ensure that children are taking measures to find employment. Adult children who move in while looking for a new home or a place to rent and have employment will not need an allowance. Only children who are looking for work will need the funds to get to job interviews.

When setting up the system, parents should have a firm end-date in mind. Giving an allowance for three or four months will usually give enough time to find employment, though the best amount of time will depend on the employment outlook in the location.

When children move back into their parent’s home, it is important for parents to ensure that they will not cause financial strife on a retirement plan. Parents set up retirement to meet their needs and usually do not plan for children to move back into the home. Fortunately, taking measures to help prevent financial problems by setting rules and discussing the problems with children will make it easier to avoid future problems. Retirement does not need to end simply because children move back home if parents are willing to set rules.


Written on behalf of the team at www.therapistschools.com, who work diligently to help individuals seeking a long-term career in therapy find appropriate schooling. The forecasted growth in demand for therapists should help many find their way back to self-reliance.