Parents need to know that this is a unique comedy charting an affair between a young man and a married friend of his parents. Much time is spent on the initial seduction and subsequent clandestine meetings in hotel rooms. Though no graphic depictions of intercourse are shown, there are brief shots of female nudity during the seduction and later in a nightclub scene, where a woman strips down to underwear and pasties. Language is fairly restrained, with a few minor curse words, like "ass" or "damn" used sparingly. Many of the adults are shown drinking alcohol and smoking cigarettes very casually and with an air of acceptance.
Dustin Hoffman is amazing as usual and I really loved the music and the cinematography. It should probably have a PG-13 rating by today's rating, but I think it's pretty normal for older movies that today be rated PG-13 rated PG.