DEAR ABBY: Our 23-year-old daughter, "Alexa," has a wonderful, well-paying corporate job with good benefits and a flexible schedule. She has low expenses, no debt and banks a respectable amount of her pay even though she lives 1,500 miles from home in a high-priced area. She works 40 hours max and has plenty of free time.
The issue? Alexa wants to quit her job and join the Peace Corps! Must we just say OK to chucking it all and moving to a Third World country?
Honestly, our biggest concern after her safety is her investing two years, moving back home and us having to support her while she looks for a post-Peace Corps job. My wife and I need to save for our own retirement, not spend it on our kids. I'm trying to convince Alexa to use her free time to volunteer (something she does not now do). What advice do you have? -- BAD IDEA
DEAR BAD IDEA: Talk to Alexa about your concerns for her future after she leaves the Peace Corps. Ask if she plans to use the money she's been putting away as a cushion after her return in the event she's unable to find a job right away. Then explain that you are asking because you need to build up your retirement monies and won't be able to give her further financial support. It's the truth, and she needs to know it before she quits her job.