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Parents Are Spending Retirement Savings to Help Boomerang Children

Por: MarketWatch Business January 06, 2024

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A recent found that nearly half of individuals aged 18 to 29 live with their families, the highest percentage since the 1940s. Similarly, found that almost 70% of parents with adult children have made financial compromises to support them. Almost one in five parents polled say they have sacrificed their retirement savings to help their children financially. Economic headwinds for millennials Crippling student loan debt is intensifying the trend... + full article



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