Final Fantasy VII
Cloud
When he defeated Sephiroth single-handedly (his companions disagreed on this point, but that's not important), Cloud decided he needed a well-deserved break after all his hard work. So he moved to Mideel with Tifa. After living with him for about two weeks, Tifa became extremely annoyed with his constant orders and moved back to Midgar. Cloud figured Tifa would eventually come back because she must be hopelessly in love with him, just like every other woman in the world. I mean, Aeris was, right? Well, Tifa didn't come back and Cloud waited for about a minute and ten seconds before getting bored and leaving too. He decided to prove that he was the greatest fighter in the world, even though he already knew that he was. But, no one else believed him, so he had to prove it. He wandered around the world and challenged people to fights. Most people said no or just laughed at him, but Cloud kept at it. Eventually, his sword broke and he had to put it together with scotch tape. A lot of scotch tape. He ended up at the coliseum at Olympus. There, he beat up some Heartless and challenged Phil to at least three fights a day. He even kicked Sephiroth's butt again, though he can't exactly recall the details of the fight. Eventually, some kid with spiky hair named Sally or Stinky or…somethin' like that came along with his talking duck and dog and whipped Cloud's butt. Defeated, Cloud finally hung up his now-disintegrating sword and found his way to Tifa's bar in Midgar and drank his sorrows away with Shirley Temples.
Aeris
Well. Um…Aeris. What did Aeris do? Well, after Sephiroth killed her way back on Disc One, she was very sad. She had lost her Holy Materia in the water of the City of the Ancients, she lost her boyfriend to that tomboy Tifa, and she lost her life. Well, to put it more accurately, she didn't lose her life; she died. She was very sad. So was so sad, she came back as a ghost and moved to Traverse Town. She also changed her name to Aerith, just to make it more annoying to pronounce. With a name like Aerith, she could laugh at people who said her name and say that they had a lisp. She spent the rest of her "life" hanging out in Traverse Town with Cid and Yuffie until Squall, who had changed his name to Leon, came and they had the adventure with the Heartless. Well, actually, Aeris wasn't much help. Since she was already dead, the Heartless didn't affect her, so she just sat around and pretened to cheer Yuffie and Leon on while she filed her ghostly nails. Nothing fazes her much. That tends to happen when you're dead. Anyway, after Leon left, Aeris and Yuffie took over Ansem's castle and redecorated it in a kind of neoclassical Ninja Barbie style, complete with beaucoup de pink and Yuffie's ninja stars all over.
Tifa
When Sephiroth was defeated, Tifa and Cloud moved to Mideel. Tifa was very unhappy for several reasons: 1) Cloud was driving her insane; 2) Mideel was a burning wreck of a town located around some glowing radioactive green slime; 3) Cloud was still driving her insane; and 4) if Cloud didn't stop ordering her around and making her listen to how 'he defeated Sephiroth all by himself' for every hour of the day, she was going to beat him up right here, right now! Finally Tifa was so angry, she screamed and left. She hopped the first boat to Midgar and never looked back. When she got to Midgar, she went into the slums and started a bar. She began reforming the ghetto and eventually got it looking very nice. Land values rose and since Shinra was a fortune-tellin' freak house and no longer cared about the bourgeois activities of the normal people, the rest of Midgar prospered. Tifa eventually became mayor, but she still ran her bar. Much to her dismay, Cloud showed up one day. But it wasn't a problem, as he was no a defeated man. She let him say and gave him free Shirley Temples so he wouldn't hit on her.
Barrett
Barrett hitched a ride on the airship back to Midgar to pick up his daughter, Marlene, from Aeris's surrogate mother. After paying the outrageous babysitting bill, Barrett and his daughter traveled back to North Corel, his pathetic hometown. Corel was all but destroyed after Sephiroth ran a train into it, so it wasn't the best place for a little girl like Marlene to grow up in, but Barrett wasn't exactly the best father for a little girl, either. More on that later. Really, the only reason that Corel even existed was for the destroyed Mako reactor that once supplied power to the Gold Saucer, a gambling establishment not unlike Las Vegas, except it was scummier. Barrett, who had nothing else to do in backwater North Corel, was slowly dragged into the criminal underworld of the Gold Saucer. Eventually, Barrett got into trouble with the Gold Saucer Mafia. To pay back their "loan", Barrett needed a ton of money, and to get it, he turned to Chocobo racing. The only problem was that Barrett was really bad at Chocobo racing. He kept betting and losing money until finally, the only thing he had left to bet was his daughter, Marlene. Of course he lost. You can't get better at gambling just because your daughter is on the line. After losing his daughter to the Mafia, Barrett skipped town. He ran away to Costa del Sol, changed his name to James P. Merewether, and opened a boogie board shop on the beachfront. He was still sad about his daughter, but was happy that she had a good career as a Gold Saucer Mafia hit man. Little does he know that his daughter has been dispatched by the Mafia to get that "loan" repaid…
Yuffie
After Sephiroth was defeated, Yuffie didn't know what to do. She hadn't really gained anything, except the satisfaction of saving the world and calling Cloud a spiky-headed jerk. So she stole all the materia and ran away to Traverse Town. There, she met up with Aeris (sorry, AERITH!) who didn't really care about the stolen materia, as long as Yuffie didn't have her Holy Materia. They hung out in their bachelorette pad until Squall showed up, bringing all the Heartless with him. Once again, Aeris didn't really care 'cause she was dead, but Yuffie and Squall (sorry, LEON!) fought off the Heartless. They were doing pretty well; getting really popular and having people buying them drinks all the time, until that stupid Sally kid showed up and got rid of all the Heartless. After that, Leon, Aerith and Yuffie just loitered around by the bar until Leon got bored and went back to Esthar. After Leon left, the girls moved into Ansem's castle before he came back from the darkness. He tried to get it back, but they locked the door and taunted him from the front window and he couldn't get in. Too bad, Ansem; you get possessed by the forces of darkness, you…well, you lose.
Cid
Cid moved back to Rocket town after saving the world, but he got really bored with small-town life, basically just sitting in his rusty rocket ship and pretending to be in space all the time. So he gained a pound or two or 100, got glasses, and moved to Balamb and started the Garden system. There, he married some freaky lady named Edea. After abandoning him in the Centra Ruins, Edea ran away with a huge alimony. Cid was sad, but he soon got over it. Next, he turned himself into an oglop and moved to Lindblum, claiming to be king and got remarried to a lady named Hilda. That was all well and good until Lindblum blew up. Cid ran away and became a bald Al Bhed man in Spira. By this time, he had a daughter named Rikku and a niece named Yuna. When Yuna destroyed Sin, Cid left her his airship and went to Traverse Town. There, he met up with some old friends and opened an accessory shop that was joined to the moogles' synthesis shop. He hangs out with the moogles, Huey, Dewey, and Louie of the item shop.
Red XIII
When Sephiroth was defeated, Red XIII went back to Cosmo Canyon, his birthplace. His family had lived there since forever and now that Red XIII's grandpa died, Red XIII was in charge. No one really knew how Red XIII's grandpa was related to him, as Buchenwald was a human and Red XIII was a lion-wolf thing. But no one questions these kinds of things in this world. Red XIII ran Cosmo Canyon for a few years, but eventually the constant bongo music started to grate on his nerves. Finally, he couldn't take it anymore and left. He wandered around the world for a while, and during this time, he changed his name to Steve, because it's easier to remember and say. When Red XIII/Steve would tell people his name, they would stare at him like he was insane. Or when he wrote it, they'd sit there for about five minutes, looking at the Roman numerals and trying to figure out the number. So Steve was just easier. Steve wandered around looking for something to do. Eventually, he wound up in Kuja's palace in the desert of Gaia. He wasn't really sure how he got there, but he did. He must have been sleepwalking. Anyway, once there, he met Kuja and they became instant friends. After being defeated by Zidane & Co., Kuja was sick and tired of the evil thing. He and Steve hung out, watched movies and ate popcorn until they both got bored with that kind of lifestyle. Steve suggested that they become magicians and Kuja immediately accepted. They used Kuja's white dragon as the focus of the show and went on circuit in Las Vegas. They do magic shows where they make the dragon disappear; not unlike Sigfried and Roy, only Sigfried and Roy don't have a dragon. They just have a bunch of smelly tigers, and the dragon doesn't attack people. Often. Kuja and Steve became the most popular show in Vegas and they are now millionaires. But on their off days, they still watch movies and eat popcorn in Kuja's palace.
Cait Sith
Cait Sith, as everyone knows, is actually a man who works for Shinra. He gets his kicks by pretending to be a talking cat and scaring the crap out of people. Well, after Sephiroth was defeated, Rufus, owner of Shinra, who was very stressed out by the whole issue, retired after two weeks with Shinra. His pension sucks, but hey. He's got that freaky laugh guy and the woman in the red dress. When Rufus and his little minions left, Cait Sith was free to take control of Shinra. He became president of Shinra and demanded that everyone call him "The Big Cheese". He turned Shinra into a fortune-telling and tarot card-reading training school and began mass-producing Miss Cleos with fake Jamaican accents and distributing them throughout the worlds. For some reason, they were a huge hit. Go figure.
Vincent
After Sephiroth was defeated and everyone went their merry ways, Vincent returned to Nibelheim because he couldn't think of anything better to do. To his surprise and mild joy the abandoned and decrepit Shinra Mansion was still (get ready for it) abandoned and decrepit and a poor excuse for a house, so despite his acute hatred for the place where he had lived in a coffin in the basement for however many years it was, Vincent broke into the Nibelheim registrar's office, stole the deed to the Mansion, and moved in, this time into an actual room. Although he really didn't care one lick about the place, he set up protection and five-star fortification in case the townspeople went crazy and tried to attack him. But apparently, the Shinra Mansion is not the hottest little piece of real estate this side of the Mako Reactor, because when the townspeople heard what Vincent had done, they collectively said, "Eh," and continued wandering aimlessly through their sad little lives. Now, in a way, Vincent was happy for the non-confrontation attitude of Nibelheim. It meant less battle preparation work and more time to spend making a new high-tech coffin to sleep in. But really, really, really, really deep down, he was freakin' bored. And if the townspeople couldn't help alleviate his extreme boredom, then by God, he'd find someone who would. So he left Nibelheim, burning down the Mansion behind him, just because, y'know, he could. In truth, no one even noticed.
Vincent wandered around for a while, searching for his true calling. He finally found it as a pyro-technician in Wutai, now a budding film industry town, destined to be the next big Hollywood. Actually, he answered the job posting on whim and when, on his first day, he blew up fourteen flashpots, six mailboxes, set off twenty-three controlled out-of-control fires and nearly set his hair on fire, he knew that the pyro-technical arts were for him. At nights, to earn extra cash, Vincent part-times at the Gold Saucer carnival as a sharpshooter/animal greeter, though the chainsaw-wielding Jason get-up isn't too popular with small children and mothers.
Sephiroth
Even though Sephiroth got his butt kicked by a bunch of snot-nosed egocentric kids (namely, Cloud), he was undaunted. Sephiroth went around fighting people and proving he really was the greatest fighter who ever lived. He ended up in the Olympus Coliseum and was finally able to give Cloud his much-needed beat-down. After the fight, Cloud erased the defeat from his memory, pretending he had won. Sephiroth beat every challenger, including that spiky-haired Sally kid with the pet duck and…dog thing with the shield. Anyway. Eventually, Sephiroth got bored with beating people while blindfolded and one hand behind his back, so he went and got Ansem from the Bumper Sticker Company from Hell and they both became Hare Krishna. They gave out pamphlets, sold flowers, and played didgeridoos and finger cymbals at airports around the world.