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Hudson Financial Services

The Cost of Keeping the Bank of Mom and Dad Open

Graduation season is one of the most emotionally charged times of the year for families. But beneath the caps, gowns, and celebrations, something happens financially that often goes unexamined: for parents who have been paying college tuition, a recurring expense is about to disappear.

The question is whether that cash flow is deliberately redirected toward other financial goals or retirement, or whether it quietly gets absorbed into lifestyle spending and continued support for adult children. From our perspective, the families who prepare for this transition come out ahead.

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