Kimberly-Clark Guide to Navigating Retirement: Strategies for Handling Boomerang Kids

Healthcare Provider Update: Healthcare Provider for Kimberly-Clark: Kimberly-Clark does not typically provide direct healthcare services as a core aspect of its business. However, it does offer healthcare products under its brand portfolio, which includes items like medical gloves and protective wear used in various healthcare settings. The company primarily focuses on consumer products in personal care and hygiene, and while it may collaborate with organizations in the healthcare sector, it is not a traditional healthcare provider. Potential Healthcare Cost Increases for Kimberly-Clark in 2026: As we approach 2026, Kimberly-Clark and its consumers may face significant increases in healthcare costs due to anticipated steep hikes in health insurance premiums. The Affordable Care Act (ACA) marketplace is expected to see rate increases exceeding 60% in certain regions, driven by factors such as rising medical costs and potential loss of enhanced federal premium subsidies. Without intervention, these escalating premiums could drastically affect affordability for millions, with some policyholders at risk of experiencing up to a 75% rise in out-of-pocket expenses. This perfect storm of rising costs could pressure both Kimberly-Clark's employees and consumers, impacting the overall demand for its healthcare-related products. Click here to learn more

Kimberly-Clark employees need to prioritize retirement savings and set financial boundaries with adult children for their future well-being – that can be a challenge, says Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement Group.

Wesley Boudreaux, representing The Retirement Group, a division of Wealth Enhancement Group, tells Kimberly-Clark parents to model financial responsibility for their adult children but to not rush into retirement planning to get today's support for tomorrow.

In this article we will discuss:

1. Financial impact of 'boomerang kids' on Kimberly-Clark parents.

2. Strategies for parents balancing adult children with retirement planning.

3. How to set financial boundaries and model responsibility in adult children.

Kimberly-Clark employees and many households across America have noticed in recent years a growing number of 'boomerang kids' – adults, 18 to 35, who, after a period of independence and higher education, return to their parents' homes. A 2024 study by Thrivent called Boomerang Kids found 46% of parents had watched their adult children return home, up from 46% the year before (Thrivent Boomerang Kids study). With inflation, high housing costs, and rising college debts, this trend strains young adults' financial independence.

Those are big financial implications for Kimberly-Clark parents. And 38% of parents struggle to pay back their loans and 37% struggle to save for the long haul – especially retirement (Thrivent Financial Impact Report). That compares with 23% and 16% from the year before, raising a concern. But Thrivent CEO and Executive Vice President Nick Cecere says the financial pressure mounts when parents put their kids first, before their own future planning.

Finance professionals say parents – especially Kimberly-Clark – should save for retirement before they help their kids with money – first. But applying that advice is tricky. Here are three practical ways finance pros say parents can cope:

Set Clear Financial Boundaries.

A Thrivent study found that more than half the parents do not set financial goals for their adult children (Thrivent Financial Goals Study). This includes contributing to household bills like rent, groceries, and even private bills like car insurance and mobile phone plans. Karen Altfest, Executive Vice President of Altfest Personal Wealth Management, suggests analyzing costs when an adult child comes home. Formal agreements defining shared financial responsibilities may reduce misunderstandings and help plan for eventual independence.

Encourage Financial Responsibility

Financial accountability is important for adults navigating financial independence. Senior Vice President of the Nationwide Retirement Institute Kristi Rodriguez says adults should create a budget and track their income and expenses. This identifies areas where discretionary spending can be trimmed. Parents may also help their children start a budget, even with a small amount. And big debts like student loans may require structured repayment plans with legal agreements from parents, Rodriguez says.

Prioritize Retirement Planning

Parents need regular evaluation of how financial support impacts retirement plans – even Kimberly-Clark parents. Once their kids become independent, certified financial planner Lauren Lindsay of Beacon Financial Planning says parents should reevaluate their finances. Contributions should increase to 401(k) plans and tax recovery programs for those 50 and older. The IRS allows additional contributions for those aged 50 to 63, allowing a maximum annual contribution of USD 11,250 to their 401(k)s adjusted for inflation (IRS Retirement Contribution Guidelines).

These contributions could greatly improve retirement funds and provide some cushioning for losses incurred from helping adult children. Tax professional advice may also reduce the risk of legal trouble as financial support is matched to IRS rules.

Parents wanting to help their kids may be a natural desire, but financial planning has to be considered as well. A structured financial plan and boundaries for returning adult children help parents manage financial pressures while preserving long-term retirement goals. This not only benefits parents financially but also encourages responsibility and independence in adult children in the whole household.

Kimberly-Clark employees also should consider the emotional challenges of boomerang children that are often not addressed. While financial burdens are well documented, psychological strain from added home demands and changing dynamics is just as real. Addressing these emotional components is important for retirement health.

It is a bit like parents adjusting sails to sail in changing winds when adult children return home. Setting guidelines and budgets is like a course—keeping retirement plans on track without skidding off course—toward a peaceful future.

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Sources: 

1. Parker, Kim. 'Who are the Boomerang Kids?'  Pew Research Center , 15 Mar. 2012,  https://www.pewresearch.org/social-trends/2012/03/15/who-are-the-boomerang-kids/ .

2. Cecere, Nick. 'Boomerang Kids Putting Finances at Risk for Themselves and Their Parents.'  InvestmentNews , 6 May 2024,  https://www.investmentnews.com/industry-news/boomerang-kids-putting-finances-at-risk-for-themselves-and-their-parents/253014 .

3. Licht, Lawrence. 'Launching Adult Children Financially: A Parents’ Guide.'  Forbes , 13 Feb. 2024,  https://www.forbes.com/sites/lawrencelight/2024/02/13/launching-adult-children-financially-a-parents-guide/ .

4. 'Boomerang Children: Understanding, Supporting, and Implications.'  SuperMoney , 2024,  https://www.supermoney.com/encyclopedia/boomerang-children .

5. 'Boomerang Kids and Your Bottom Line.'  Bottom Line Personal , 2022,  https://www.bottomlineinc.com/life/family/boomerang-kids-and-your-bottom-line .