Hi. I’m Connie. As a serial “Grandmapreneur®”, I speak to retirees or soon-to-be retirees on the benefits of pursuing entrepreneurship in Retirement. This blog post will help entrepreneurs help understand the differences between living with kids and kids living with you, which you will need as you consider starting a business.

Living With Kids vs. Kids Living With You

As seniors, the idea of living with adult children can be both exciting and daunting. It can be a chance to strengthen Relationships. However, it can also bring its own set of challenges.

The same thing applies to having your adult children move in with you. Given this, which one is better: living with your kids or kids living with you? 

Living With Kids

Having senior parents move in with adult children can be an excellent way for families to support each other. It also ensures that Aging parents have the care and help they need as they age. 

On top of that, living with your kids gives both parties a sense of Security and companionship. However, it can also be challenging because it can strain relationships and personal space.

As a result, both parties must openly communicate about the living arrangement. This can include discussing the expectations and responsibilities of each person, setting boundaries for privacy and personal space, and coming to a mutual agreement on how to make the living situation work for everyone.

Aside from that, it’ll be best to talk about the arrangement’s legal, medical (e.g.,  Medicare), and financial aspects. Caregiver agreements, wills, power of attorney, and other legal documents may need to be updated. 

Overall, living with your kids can be a beneficial arrangement. However, it calls for open communication, clear boundaries, and a willingness to make it work.

Kids Living With You

For seniors with kids living with them, the experience might differ from when you’re raising your children. As seniors living with their adult children, you may have to navigate different boundaries and expectations.

In addition, your kids may struggle with job loss, financial difficulties, or other life challenges. On the other hand, you have to adjust to having adult children living under your roof again. You also have to navigate the changes in your relationship.

One key challenge in this situation is role reversal. Your kids have to adjust to living under your rules and expectations. Meanwhile, you have to adjust to being their caretaker again.

Another challenge is boundaries. Adult children may have different habits and routines than when they lived at home as teenagers. So, you must establish clear boundaries and communicate openly with them about what is and isn’t okay in your house.

One key challenge you may face when living with kids is maintaining independence and autonomy. You have to balance their needs and wants with your children’s. Aside from that, you must allot time for your interests, like exercising or enjoying a digital device for seniors. 

Financial strain is also a potential issue. Adult children may rely on their senior parents for financial support, which can strain your finances. This may require difficult conversations and budgeting.

Living with your kids can be stressful. But with open communication, boundaries, patience, and self-care, it can be a fulfilling experience for everyone. 

Conclusion

So, which is better: living with kids or kids living with you?

There’s no cookie-cutter answer to this. At the end of the day, the best option depends on you. However, both scenarios can help you and your kids as long as you openly communicate and work on your new living arrangement. 

Disclaimer: The material and information contained in this article are for general information purposes only. You should check with a financial advisor before making any business, legal, or other decisions.

Do you want to be a second-act entrepreneur? My book might just be the answer. It’ll show you that it’s never too late to start your dream business. Check it out now! 

The post Living With Kids or Kids Living With You appeared first on Connie Inukai.

The post Living With Kids or Kids Living With You appeared first on Connie Inukai.

Connie Inukai Grandmapreneur

As a serial “Grandmapreneur®”, Inukai speaks to retirees or soon-to-be retirees on the benefits of pursuing entrepreneurship in retirement.

Retired from teaching Technical Writing at the University of Maryland and Johns Hopkins University for four decades, Connie Inukai became an award-winning inventor at the age of 68.

Author of "How I got My Product on QVC, The Today Show, The View, and More...In Retirement", she helps others generate free publicity for their products.

She is the creator of Write Your Selfie®, where she inspires people to write their life stories in a fun and easy-to-read format.

Featured in Entrepreneur magazine, “6 Reasons to Pursue Entrepreneurship in Retirement,” Connie encourages Baby Boomers to have an active retirement through business or social entrepreneurship.
Because…

Passion has No Expiration Date!