Financial and Life Planning Resource Directory
Sponsored by
The Association for Integrative Financial and Life Planning
and The Life Planning Network
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Consumers/clients: Family: Parent-child or -grandchild
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Home: Geographic location
Bianchi, Suzanne M., et al, Geographic Dispersion and the Well-being of the Elderly
University of Michigan Retirement Research Center, October 2010, Free
http://www.mrrc.isr.umich.edu/publications/papers/pdf/wp234.pdf
The authors analyze the geographical distances between older adults and their grown children, and how these change over time.
Home: Kinds of domiciles and living arrangements
Aging Parents Living with Children (SmartAboutMoney.org)
http://www.smartaboutmoney.org/LifeEventsFinancialDecisions/HealthandFamilySupport/AgingParents/MovinginwiththeirChildren/tabid/366/Default.aspx, Free
A list of some financial considerations when parents move in with children.
Canfield, Jack, et al, Chicken Soup for the Soul: Empty Nesters: 101 Stories about Surviving and Thriving When the Kids Leave Home
Chicken Soup for the Soul, 2008, $14.95
http://www.amazon.com/Chicken-Soup-Soul-Surviving-Thriving/dp/1935096222/ref=sr_1_3?ie=UTF8&s=books&qid=1276261853&sr=1-3
A good read if you want some stories to inform and perhaps inspire you in dealing with empty nest syndrome.
Census Bureau Reports Increase in Children Living with Grandparents (Generations United), December 14, 2010
http://www.gu.org/Portals/0/documents/Press%20Releases/2010-Dec-14-PressRelease-Grandfamilies-Census.pdf, Free
This press release calls attention to data showing that 5,000,000 U.S. children now live with grandparents, up 400,000 from a decade earlier.
Combining Households: Moving In with the Kids (Univ. of Massachusetts and Univ. of Missouri)
http://www.extension.org/pages/24541/combining-households:-moving-in-with-the-kids, Free
Tips on gracefully moving in with children, or having them move in with you.
Girard, Kim, "How to Kick Your Kid Out of the Nest", October 12, 2009
http://moneywatch.bnet.com/retirement-planning/article/boomerang-kids-how-to-kick-your-kid-out-of-the-nest/351851/, Free
When you're ready for your children to be independent, but they'er not.
Harrell, Rodney, et al, Multigenerational Households Are Increasing
AARP Public Policy Institute, April 2011, Free
http://assets.aarp.org/rgcenter/ppi/econ-sec/fs221-housing.pdf
The authors report an increase in multigenerational households from 6.2 to 7.1 million in the U.S. just from 2008 to 2010.
Newberry, Christina, "Surviving Adult Children Living at Home"
http://www.adultchildrenlivingathome.com/, Free, but the book version is $27.97
A useful website by itself, and it also tells you about additional materials you can purchase to help you work through all the issues.
Newman, Susan, Under One Roof Again: All Grown Up and (Re)learning to Live Together Happily
Lyons Press, 2010, $16.95
http://www.amazon.com/Under-One-Roof-Again-learning/dp/0762758597/ref=sr_1_6?s=books&ie=UTF8&qid=1280923828&sr=1-6
Newman deals mainly with relationship issues that arise when you live with your adult children – whether they move in with you, or you move in with them.
Pellyan, Maryan, 2006
http://www.suite101.com/content/living-with-your-son-or-daughter-a5872, Free
Advice for meeting the challenges of living together as an extended family.
Webber, Christine, and Delvin, David, "Empty-Nest Syndrome"
http://www.netdoctor.co.uk/womenshealth/features/ens.htm, Free
A nice overview of the issues and what you can do to about them.
When Grown Children Move Back Home
RetirementWorks, Inc., 2007, Free
http://www.retirementworks2.com/pdfs/When_Grown_Children_Move_Home-UNH.pdf
Deals with the interpersonal and financial issues these situations raise.
When You Have to Raise a Grandchild
RetirementWorks, Inc., 2007, Free
When You Have to Raise a Grandchild
Looks at the adjustments you need to make, and the future issues you need to think about.