Baby Boomers seek to feather empty nest

September 10, 8:25 AMBaby Boomer ExaminerPaul Briand

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An organization devoted to Baby Boomer women is sponsoring an hour-long program later this month on opportunities for parents once the children have flown the coop.

A teleseminar entitled "Empty Nest Turned Opportunity" is scheduled for 3 p.m. EDT on Sept. 16. It is sponsored by the National Association of Baby Boomer Women, which describes itself in a press release as the "only association devoted to addressing issues concerning the 38-million strong Boomer women demographic." The teleseminar is said to be both for women and their husbands/partners.

Dotsie Bregel, the organization's founder and director, said: Baby boomer’s lives can experience a metamorphosis with an empty nest. Unexpected adjustments have to be made, routines are interrupted, and parent’s roles are redefined. All of this can be unsettling for parents but it doesn't need to be. This teleseminar will help quiet the fears of Baby Boomers by guiding them through the maze of this transition and showing them how truly great midlife can be."

The teleseminar will feature Natalie Caine, founder of Empty Nest Support Service. Among her topics cited in the web site:

-- What's next for you now that the nest is empty?

-- What forms of creativity dwell insiee of you that may need a gentle nudge?

-- What about our relationship with ourselves, our partners, family, and friendships? How to they change? Fit in?

-- What happens when your children come back, leave again, and you just found your rhythm?

But a recent survey says having an empty nest doesn't necessarily mean more cash in the wallet.

MarketWatch.com today cited an Ameriprise Financial Money Across Generations study that says once a child graduates from college 92 percent of parents have financially helped the adult children in at least one way.

The study shows:

-- Two thirds are helping pay off college loans;

-- More than half are contributing toward the purchase of a car;

-- More than a third are helping with living expenses by co-signing loans or leases, medical insurance, rent, utilities and car payments;

-- Many allow their children to move home and live rent free.

So much for an empty nest.