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These are some of the questions that we should consider
- What will be the impact on the family budget with the children gone?
- What sort of financial support might the children still need?
- Should I consider selling or renovating my home?
- Will there be more time for other activities and what would be the cost?
- Should I update my estate/retirement plans?
- What sort of adjustments to my current retirement portfolios should be made?
- Are there any tax implications by becoming an empty nester?