Mature Market Experts Stat of The Day: Empty Nesters

How does the mature market feel about becoming empty nesters?

·         71 percent say parenting was a wonderful experience, but it wasn’t easy. 19 percent say it was more challenging than they expected.

 

·         26 percent say they will feel like newlyweds when their kids are gone and even more (34 percent) say they will feel closer to their spouse without the children around.

 

·         Fifty-eight percent say they are or were emotionally ready to get the kids out of the house. Males (70 percent) are significantly more likely to be emotionally prepared than females (55 percent.)

 

·         The older the Boomers become the more ready they are to clear the Nest. In fact 71 percent of the Boomers between 53-58 years old are emotionally ready to be Empty Nesters.

 

·         Boomers have mixed feelings about becoming Empty Nesters. While a large percentage is neutral about the emotional impact, Boomers do feel an increase in freedom to be themselves with Empty Nesting.

 

·         Most (at least 75 percent) don’t or will not miss the parenting roles, like coaching sport teams or helping with school work. But 64 percent do or will miss the family vacations.

 

·         Getting out of debt is their Number 1 priority when becoming Empty Nesters.

 

·         40 percent of Boomers believe their children will be better off financially than they are.

 

·         Only 2 percent say they wished they would not have had children.

 

·         46 percent would advise future parents to spend less time at work and more time with their children.

 

·         74 percent say they have been good role models.

 

·         27 percent would not let their grown children move back in with them assuming that their children were in good health and financially secure.

 

·         40 percent of Boomers anticipate that their adult children will move back in with them. 30 percent anticipate that their parents will move in with them.

 

·         28 percent would charge their kids rent, but far less (8 percent) are likely to bill their parents.

 

Source: Del Webb

 

 

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