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Emptying the Nest Egg: The Rising Cost Of Adult Children

There is a wealth of figures published about the cost of raising a child in modern society. From clothes and school uniforms to holidays, first cars and tuition fees, the list of outgoings is never-ending, easily stacking up to hundreds of thousands of pounds per child.

Whilst many expectant parents may look forward to that 18th birthday, when the child embraces adulthood and flies the nest to fend for themselves, in reality, this could merely be a pipe dream.

In today's economy, many parents are faced with using their personal savings to support their offspring financially even when they enter adult life. We take a look at the rarely acknowledged costs of adult children and why you need to be saving now…

Saving _for _adult _children

Want more? Check out this further reading… 

The REAL reason grown women won't leave home - parents beware: this will make your blood boil 

Three in ten parents have grown-up children living at home

Boomerang Generation: the young adults living back with parents

More adults 'still living with their parents'

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