When Adult Kids Move Back Home – MBFLP 219 - a podcast by Hal Young and Melanie Young

What do you do when the adult kids move out ... and then come back?

It's not uncommon - the Census Bureau reports that more than one out of three Millennials (ages 18-34) are living at home with their parents. (In some states, it's nearly 50%!)



* "A Third of Young Adults Live With Their Parents"

Jonathan Vespa, U.S. Census Bureau

* "Young adults living with their parents hits a 75-year high"

Aimee Pichi, CBS News



This is not unusual historically - when we look back in our family history a hundred years or more, we see it was common for adult children to be living with parents and sharing the work of farm, forge, and kitchen - or for newlyweds to be living with their parents or in-laws for a time, too.



But this has become more common in recent years. Why?



Young people are getting married later - age of first marriage is approaching 30 for men and 27 for women



* In 1976, 75% of men and 93% of women were married by age 30

* In 2014, it was half that - 32% of men and 46% of women

* More Millennials live with their parents than with a spouse



Student loan debt is a serious burden to many, too. The average college graduate with a bachelor's degree left school with nearly $28,500 in debt



* "Student Load Debt Statistics"

Brianna McGurran, NerdWallet.com



And this all happening in the midst of a long, sluggish recovery from the financial crises of 2008 and beyond.



So it's not surprising or rare for parents to find themselves with a twenty-something son or daughter moving back into their old bedroom.

The question is, how can we make this work for all of us?







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