The Generational Divide on Financial Independence: Parents and Kids at Odds.

1 min read
Source: Bloomberg
The Generational Divide on Financial Independence: Parents and Kids at Odds.
Photo: Bloomberg
TL;DR Summary

A new Bankrate report reveals that almost 70% of parents with children aged 18 or older have sacrificed their own finances, including draining their retirement funds, to financially support their adult children. This includes paying down debt and saving for emergencies.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

0 min

vs 1 min read

Condensed

21%

5241 words

Want the full story? Read the original article

Read on Bloomberg