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Ducking the Boomerang: Tips and Tactics for Adults and Adult Children to Engage Effectively

Jesan Sorrells-1With even more Millennials and young people between the ages of 18 and 34 returning home to live with older parents, there are all kinds of issues that arise around expectations, assumptions and stages of life.
According to a recent Fortune Magazine article, the share of younger adults living at home has increased from 24% to 26% over the last 5 years, while the number of young adults living independently has decreased by two percentage points from 69% to 67%. (The Pew Research Center Study)

While there has always been a population of younger adults living with their parents, this has become more acute since 2008, leading to the term “boomerang kids.” (Financial Literacy Tips for Boomerang Kids)

There are three actionable tips that both younger adults—and their older adult parents—can do to make this situation less conflict prone:

• Discuss and establish expectations early
• Address issues on an adult-to-adult level, rather than on a child-to-adult level
• Focus on individual situations as they happen, rather than attaching them to a family history, or a shared set of experiences that may no longer be relevant

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