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How boomers can plan for living with children, family members in retirement

from The Boomer via Fox Business

Boomers about to enter or just in retirement are learning that this massive transition changes their lifestyle and brings many financial decisions. Do you sell the family home and travel around the world, move to a warmer climate or relocate close to family? Ultimately, a lot has to do with your finances and where you live. In the past, many retirees downsized their homes as they aged, but the boomer generation might not be following tradition on this move. According to a study from MyMove.com, baby boomers are now "right sizing" for the needs of their new lifestyle, which can often involve adult children moving back home or housing grandchildren and other family members due to the current economic climate. more


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