Families thrive as boomers retire

Families thrive as boomers retireMany aspects of retirement are likely to be particularly sweet for baby boomers, according to a recent article in U.S. News and World Report. Despite speculation that the poor economic climate may negatively impact the golden years for this demographic, they have plenty to look forward to when it comes to their family dynamic, the news source reports.

While many approaching retirement living may dread having an empty nest, once the initial shock of the kids leaving home wears off, it can be quite nice to have a house for just yourself and your partner. With kids out living their own lives, older adults can find time to go on a much-needed vacation, or pick up a hobby that has been on the back burner for years.

In the same vein, planning and paying for a vacation for two people is a lot easier - and more affordable - than a getaway for the whole family. The extra funds can be used to pay for a nicer hotel room or more exotic destination.

According to Everyday Health, having adult children also allows retirees to deepen their relationship with their kids in a new way.