Recent studies have shown that a growing number of parents are sacrificing their retirement savings to support their adult ...

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 ...

A new study has uncovered the hidden burden of the financial and practical support many Australian parents are bearing for ...

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.

Unlike the well-documented cases of children going "no contact" with their parents, the reverse—parents cutting off their grown kids—is now becoming a topic of serious social and psychological concern ...

The unenviable label of "sandwich generation," once exclusively ascribed to Gen Xers squeezed between the needs of aging parents and dependent children, now also applies to younger American adults, ...

No matter how valid the reasons are for parents to financially assist their adult children, there’s little question that it can cause them to delay or even abandon their retirement plans. The advice ...

45% plan on providing financial support to their children and/or grandchildren within the next year. Over one-in-five (22%) of Gen Z rely on family support to meet their general expenses Nearly two-in ...

As members of Generation X approach retirement age, careful financial planning becomes more critical than ever. Born between 1965 and 1980, many in this group are balancing competing priorities, such ...

As parents must care for their dependent children, adult children may be legally obliged to financially support their elderly ...