These are some of the questions that we should consider

  1. What will be the impact on the family budget with the children gone?
  2. What sort of financial support might the children still need?
  3. Should I consider selling or renovating my home?
  4. Will there be more time for other activities and what would be the cost?
  5. Should I update my estate/retirement plans?
  6. What sort of adjustments to my current retirement portfolios should be made?
  7. Are there any tax implications by becoming an empty nester?

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