All,
I'm working on an article for the July AAII Journal about revisiting one's PRISM plan once a couple or single parent becomes an empty nester. The article will address the potential impact on one's wealth-building plan, including spending, changes in cash flow and reassessing goals.
I have a list of topics to work off, but I'd be curious to hear ideas from those of you who have become or have long been empty nesters. How did having the kids move out impact your finances and wealth-building plans? Are there key financial and/or lifestyle changes I should consider touching on in the article?
Thanks,
-Charles
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Charles Rotblut, CFA
Vice President and AAII Journal Editor
American Association of Individual Investors
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