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Having your children move out of your home can be a bittersweet moment.
One anonymous redditorshared howthey decided to downsize for their early retirement.
They werent against early retirement, just how everything went down.
Read on for the full story.
Many people hope to retire early, which is a great goal.
According to the host of the Financial Samurai blog, theres no set age when parents should leave.
Learning adulting is important!
he told Bored Panda via email.
Going to college is the first step for many young adults figuring out how to live independently.
College graduates should be willing to move anywhere they get the best job offer possible.
However, Dogen noted that there are some exceptions.
After age 18, a parents responsibility to raise their children is technically over in America.
He told us that someone whose goal it is to do this cannot rely purely on luck.
It takes a tremendous amount of planning, saving, careful investing, and discipline.
You cant achieve financial independence and retire early by winging it.
You must be extremely intentional, Dogen told Bored Panda.
As a result, it is imperative tobuild as many passive income streams as possible.
When parents establish clear guidelines for acceptable behavior, their kids live with a sense of security and predictability.
This is incredibly healthy for their growth, as well as their emotional well-being.
Thats why its important to be adaptable and not use a one-size-fits-all approach when raising them.
for do so, they decided to sell their house and downsize.
That way, they could travel more easily and have more funds available for their other passions.
In and of itself, theres nothing wrong with that: its a financial strategy.
And retiring early is a dream for many people.
However (and this is a big however), theres more context here.
The problem isnt the downsizing itself per seits how it was done.
That can be overwhelming for anyone.
Especially for someone who was lucky enough to have caring, financially stable parents.
Its a question of unmet expectations.
Yes, the OPs youngest child might legally be an adult.
However, theres something iffy about parents who prioritize their freedom and passions in life over their children.
Having kids means that youre responsible for their welfare.
Does this mean that all parents should take care of their children forever and ever?
Children need to learn the importance of being independent.
However, this doesnt happen in a vacuum.
Moreover, theres the time frame to consider.
Three months isnt a lot of time to overhaul your entire life.
Its doable, yes, but its likely to be filled with stress and angst and frustration.
Setting expectations earlier in life would have been much, much better.
Many young adults still live with their parents.
This was around a 5% increase from 2001 to 2021.
This was a stark rise from 47% in February of that same year.
This was closely related to the Covid-19 pandemic.
Fast forward to 2021and around a third of American adults aged 18 to 34 lived in their parents homes.
The situation was similar in Europe, with just over a third of young adults doing so.
However, far from every European country is alike.
This number is 72% in Portugal, 71% in Serbia, as well as in Italy.
On the flip side, barely 18% of young adults lived with their parents in Finland in 2021.
Just 17% did so in Sweden and barely 16% in Denmark.
Many internet users were appalled by how the parents handled the situation.
