Checklist: Dealing with an Empty Nest

It may be hard to believe, but your children are grown and have left home. Now it’s time to ask yourself what to do with an empty nest. Big financial changes occur once children are grown. It’s time to consider how best to move through this transition.

Things to consider with an empty nest 

  • Revise your budget to reflect any changes that have taken place financially
  • Invest any extra into your savings or retirement account
  • Review your life insurance and make any changes that are needed
  • Pay down debt
  • Meet with a financial advisor and CPA to discuss adjustments to your financial plan