I have been fiddling around with projecting "empty nest" expenses. DW and I still have about 10 years before the last kid is out of the house (We hope anyway  ).
I have seen some wide variation in numbers for what is costs to raise a kid from birth until 18, ranging from $250,000 to $500,000 (not sure I believe the latter number).
I can attribute about 15% of our current budget numbers which are directly impacted by our children (college savings, car insurance, education expenses, etc.) What I can't quite get a handle on is all the peripheral/misc. expenses, such as groceries, utilities, entertainment, etc.
So my question is; for you empty nesters...how much did the kid(s) leaving affect your budget/expenses?
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