Parents often step in to help with rent, student loans or a return home after graduation, especially as younger adults ...
In trying to help grown children, parents can hurt their own retirement security. Here’s how to stop the flow of money.
Recent studies have shown that a growing number of parents are sacrificing their retirement savings to support their adult children. This alarming reality isn't simply a fleeting fad but a growing ...
Even well-prepared retirees face hidden risks—such as market downturns, supporting adult children, and skipping estate planning—that can threaten retirement security.
Parents will do anything for their kids, but that could be coming at a huge cost ‒ to themselves, according to a new study. More than a third (36%) of the 3,000 parents surveyed by Ameriprise in ...
Many more adult children of Gen X and boomer seem to be living with a mental illness. When an adult child is living with a mental illness, it presents unique challenges for parents.
Parenthood is a high-wire act, requiring a balance between strictness and leniency. Your children need enough structure to prepare for the future and become responsible adults, but enough free time to ...
Parents will do anything for their kids, but that could be coming at a huge cost -- to themselves, according to a new study. More than a third (36%) of the 3,000 parents surveyed by Ameriprise in ...
Two-thirds (65%) of parents believe they’ll have enough money to live comfortably in retirement, yet over a third (36%) worry that supporting adult children financially could impact their plans, ...
A majority of parents are financially helping their adult children, even as some worry that it could derail their own financial plans, according to the Ameriprise Financial Parents and Finances Study.
Today, the majority of American parents financially support their adult children. Estimates suggest that only a quarter of young adults are financially independent and rely on their parents for ...