Four tips to welcoming your adult child back home

In 2015, even as the job market picked up speed, the percentage of 25-to-34-year-old Americans living with their parents was still nearing 15 percent, a record high, according to the Census Bureau.

Graduating with major student debt, along with dropping out of college, unemployment, low paying jobs, high rent costs and breakups or emotional upheavals are many of the reasons why adult children are coming back home.

Dr. Chandragupta Vedak, a psychiatrist at Advocate Good Shepherd Hospital in Barrington, Ill., says that past events in a parent-child relationship will impact the current living situation.

"The success of the relationship with your boomerang child will depend upon the historical quality of that relationship," explains Dr. Vedak. "Finding that line between supporting and enabling your adult child is difficult."

James Messerschmidt, a medical social worker at Advocate Good Shepherd Hospital, recently became a boomerang parent.

"We are happy to support our son with his plans as he saves up money to get an apartment and to ensure his future success," he says.

Messerschmidt offers the following advice to other boomerang parents:

Treat this as another season to enjoy in your family's life.

Remember that the return may be short-lived to allow your child to accumulate financial savings, which will help offer greater flexibility in near-term decision-making and ideally, better position them for future success.

Treat your child as an adult and talk about the importance of mutual respect, ground rules, boundaries and breathing room.

Texting is a good way to get their attention, even if you live under the same roof.