A new study just revealed that more and more young adults are choosing to ride out these tough economic times at home with their parents. Last year 21.6 million people ages 18-31 chose to live at home. This is up 18.5 million before the recession, and it’s the highest share in 4 decades. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to discuss what can parents do when their kids decide to come or stay home.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: ed butowsky, financial advisor, kids, live with parents, recession, wealth manager