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  <title>The Financial Freedom of Getting Kids Off The Books!</title>
  <description>Many Irish parents in their fifties are still financially supporting adult children—and it’s quietly delaying their retirement goals. Key takeaways: • Each adult child can cost around €15k–€20k per year in ongoing support—rent, car, health cover, and general expenses. • Those costs directly reduce pension contributions and long-term savings, sometimes delaying retirement by years. • Using tools like the McClements Scale shows how each extra person in the home adds significant cost pressure. • Setting clear timelines, gradually stepping back support, and redirecting funds into pensions can rebuild financial freedom fast. When kids finally stand on their own two feet, your savings—and sanity—get a big lift! I hope it helps! </description>
  <author_name>Informed Decisions Independent Financial Planning &amp;amp; Money Podcast</author_name>
  <author_url>https://www.informeddecisions.ie/the-blog</author_url>
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