According to a survey by RIAS, 56% of parents prefer luxuries to the thought of their children returning home.
Parents' additional disposable income once the children have flown the nest is on average an £3,084 per annum.
Top 5 on the bucket list for empty nesters include:
holidays, dining out, saving, socialising and new hobbies
THE 17 BILLION 'EMPTY NEST' Wednesday, 23 September 2015 Parents set for annual £3,000 disposable income rise when children leave home Enjoying luxuries is top of the agenda for new-found ‘flush’ parents More than half (56%) say they wouldn’t give these up to have their children back home With almost 600,0002 young adults applying for university this year alone, UK parents are getting ready to watch their children fly the nest as they head off to towns and cities for further education. This emotional family upheaval may be compensated by a large increase in disposable income that this brings. UK parents estimate that their disposable cash increases by £257 each month, totaling £3,084 every year, after their child leaves home, according to a new report by insurance provider RIAS.