To get by these days, more young adults turn to a likely source for help: their parents. For the first time, 50% of parents with a child older than 18 provide them with at least some financial support ...
Some parents will tell you firsthand there’s no expiration date on this raising kids gig. For some, that means they extend financial help to their kids into adulthood. When I was 21 and got into a ...
Client insights from a financial advisor for financial advisors ...
The survey included 1000 US parents with adult children An average of $1,474 a month was contributed Grocery bills were the most common cost The survey included 1000 US parents with adult children An ...
ATLANTA — Half of parents with adult children are providing regular financial assistance to their grown offspring, according to a report by Savings.com It's the fourth year Savings.com has done the ...
More than a quarter (27%) of working moms rely on financial help from their parents regularly or occasionally—but the burden is worse for younger moms. In 2024, nearly half (49%) of mothers under 30 ...
The long road to retirement is reaching its next stop for the nearly 60 million Americans aged 65 and older. A reality for many retirees is supporting children (or grandchildren) as they deal with ...
(NewsNation) — Even when children are out of the nest, some parents are still contributing to their children’s livelihoods. According to a survey of 1,000 U.S. parents of adult children by Savings.com ...