For Empty Nesters, Spending May Trump Extra Saving – WSJ

When the kids leave home, some parents splurge on travel and other spending – See quotes from Eric Kies, CFP®.

When children leave the nest, many parents celebrate an end to the years of paying for braces, piano lessons and college tuition by splurging on themselves. But a new study indicates that this spending spree can last for years, preventing many empty nesters from a much-needed ratcheting up of retirement saving.

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