TY - RPRT T1 - Do Households Save More When the Kids Leave Home? Y1 - 2016 A1 - Alicia H. Munnell A1 - Irena Dushi A1 - Geoffrey T. Sanzenbacher A1 - Anthony Webb A1 - Anqi Chen KW - 401(k) KW - Family KW - Family Characteristics AB - Kids are expensive. As a result, when children become financially independent, parents often have a substantial amount of extra money on hand. In this case, they have two basic choices: spend more on themselves or increase their saving for retirement. What they actually do is an open question. PB - Center for Retirement Research at Boston College UR - https://crr.bc.edu/briefs/do-households-save-more-when-the-kids-leave-home/ ER -