Kids In Parents' Pockets Eroding Retirement Savings - KIPPERS
- Kids In Parents' Pockets Eroding Retirement Savings - KIPPERS
- A slang term referring to adult children who are out of school and in their working years, but are still living at home with their parents. These parents face the challenge of managing their own finances and planning for retirement while dealing with the added expense of providing for adult offspring.
According to recent studies, most parents report that having KIPPERS is a pleasant experience - they like living with their adult children. However, it usually results in the parents saving less than they otherwise would for their retirement.
Contrast this to the situation of a married, working couple with no children at home, where discretionary income is often higher and saving for retirement is easier. This demographic group is sometimes referred to as Dual Income No Kids (DINKs).
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
KIPPERS — Kids In Parents Pockets Eroding Retirement Savings … Glossary of chat acronyms & text shorthand
kippers — 1) plural of kipper 2) kids in parents pockets, eroding retirement savings … Dictionary of ichthyology
kipper — acronym. An adult son or daughter, particularly one aged 30 or more, who still lives with his or her parents. adj. From kids in parents pockets eroding retirement savings. Example Citations: Have you got a kipper in your nest? The first withering … New words
Boomerang — An American slang term that refers to an adult who has moved back in with his or her parents (who are part of the baby boomer generation) instead of living independently. The phrase, when applied to an individual, makes reference to the fact that … Investment dictionary
K.I.D.D.E.R.S. — Kids In Debt, Diligently Eroding Retirement Savings. According to Australia’s Sunshine Coast Daily, solicitor Paul Brennan is responsible for this improbable initialism: Mr. Brennan said an increasing number of his cases involved parents wanting… … Dictionary of unconsidered lexicographical trifles
