Here is some financial advice to protect your nest egg after your children are grown and gone.

These tips may come in handy, given that far too few parents are saving the money they used to spend on their offspring in their retirement accounts. A recent study by Boston College's Center for Retirement Research found per-person spending on non-durable consumables — vacations, apparel, restaurants and food purchases, etc. — actually rises sharply after the kids leave home. In lieu of taking the money you use to spend on your kids and using it toward your retirement, most people are not changing their household spending and, in fact, are increasing their per-capita spending. In 2001, households with children…

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