CNBC Television
CNBC Television
@CNBCtelevision·3.4M subscribers·157.5K videos

47% of parents still financially support adult children. Here's how much they spend

Posted

April 18, 2024

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58,672

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Nearly half of parents with a child older than 18 provide them with at least some financial support, according to a recent report. For parents, however, supporting grown children can be a substantial drain at a time when their own retirement security is at risk. Here's how to create boundaries and figure out a balance

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47% of parents still financially support adult children. Here's how much they spend · CNBC Television · Sentinel