Question: I'm retired and want to be mindful about my spending, but my adult son wants to move back home after his divorce. What should I do?
Answer: It’s not an uncommon thing for people to be more mindful of their money once their careers come to an end. It’s one thing to splurge regularly when you’re bringing home a steady paycheck. But when you’re retired and limited to the money in your IRA or 401(k), coupled with a Social Security check, it’s natural to find yourself getting a bit more frugal.
