Boomerangs – Back Home Again
The Boomer generation, more than any generation, is feeling what Karp Financial Strategy calls “the boomerang paradox.” Are you a casualty of this phenomenon, with adult children living back at home, or being in the reverse role of parenting your parents as primary caregivers to him, her, or both under your roof? The saying “what goes around comes around” was never meant to mean this trend in multi-generational living. And yet, here you are in this unanticipated predicament.
Are you a reluctant or unexpected “Boomerang”? Was being an empty nester short-lived and now your financial landscape is laden with additional obligations you had not anticipated? Is living under the same roof creating different dynamics than what you expected, and you are trying to maintain your sanity while managing the overall household?
Whether it’s the adult child, your parents or both under your roof, this shouldn’t mean that everything you saved for and worked for is now going to be in jeopardy. Karp Financial Strategies can be your resource to put the details in place while also giving you the confidence to adapt your plan based on your new reality.