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Wednesday, July 01, 2009 11:34 AM

ALDERMAN: ‘Boomerang parents’ bring complications

By JASON ALDERMAN, Practical Money Matters

Boomerang kids. You’ve probably read articles about them or may even have one yourself. That’s where parents reopen their formerly empty nests to adult children who are trying to pay off student loans or bills, save for a down payment or regroup after losing their job.

Recently, a similar — if inverted — trend has emerged where millions of older parents have moved in with their adult children. Social scientists call them “boomerang parents.”

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