Mature Market Experts Stat of The Day: Parents Moving In With Kids

Three generations under one roof used to be the norm.

Three generations under one roof used to be the norm.

Are we seeing a return to the intergenerational household? As many of the mature market have seen their retirement savings wiped away by the recent market fluctuations, many are moving in with their kids.

“Recent statistics from the U.S. Census Bureau found that the number of parents who’ve moved into their adult children’s homes increased 67 percent, from about 2.1 million in 2000 to 3.6 million last year.”

Source: MSNBC.com

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