Definition
Term used to refer to children who return home to live with their parents, usually as a temporary measure to allow them to continue their education , increase their savings or simply because they are not ready (financially or otherwise) to live on their own.
Referring Cite
N/A (Sl)
Additional Helpful Information
From a retirement planning perspective, boomerangers have a negative impact on their parents’ retirement nest egg, as amounts that could be diverted to their nest-egg have to be used to provide necessities for the boomerangers.