"Financial Interdependence: The Generational Support Cycle"

A report by Savings.com reveals that 47% of parents with adult children over 18 provide financial support, spending an average of $1,384 a month, while 61% of adult children living at home don't contribute to household expenses. Despite facing lower wages and larger student loan balances, young adults are more likely to have a college degree and work full time compared to their parents at the same age. However, 58% of parents have sacrificed their own financial security for their adult children, prompting experts to advise setting boundaries and balancing financial support with retirement planning.