Adult kids are robbing parents of retirement. So mom and dad could be taking their jobs

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At least 50% of parents say they've cut into their retirement savings to help their adult children financially:

Check out this story on USATODAY.com: https://www.usatoday.com/story/life/allthemoms/2019/04/24/adult-children-robbing-parents-retirement-savings-study-finds/3559812002/.

Check out this story on USATODAY.com: https://www.usatoday.com/story/life/allthemoms/2019/04/24/adult-children-robbing-parents-retirement-savings-study-finds/3559812002/

 

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Naomi19434250 Kids been to busy smoking pot and playing video games...when they surface to real life they have nothing to show for

When the parents pass you'll she a large suicide rate.

Suckers

Can't have anything to do with the rising cost of university tuition and student debt, could it?

Those people are stupid. Too bad, so sad.

Enablers 😑

This is more than just kids being ‘spoiled’.

I’ve told my kids that if we help them now, then we’ll be living with them when they retire. So far, nobody has needed any money from us.

Talking about this on WCCO TV tonight at 6 PM

Wasn't there recently another news story about people continuing to work long past retirement age? Could helping adult children (and 30 yrs of large mortgage payments) explain why they're still working?

I did and it was worth it to give my grandchildren a better home to live in.

But jobs are plentiful, the economy is working better than ever, so what's the problem? There is clearly a disconnect somewhere. I don't think we just have a nation of greedy adult children.

Things are getting tougher for the middle class.

It’s because the America we now live in isn’t the same America that allowed them to flourish. Our future was mortgaged by the baby boomers greed.

Does the nest ever get empty these days or do the baby birds just keep coming back?

No child is worth wrecking your retirement. They finish high school, a bit of help to get into college and then let them fail or succeed. Get mad, be stupid but you cannot argue your way out of this one, kids are not worth it.

Toppazblue Nonsensical American wealth in the amount of $40 TRILLION dollars is held by 1% of the population!

Codependency. It's a choice. A bad one, but a choice.

IAmSophiaNelson The problem starts long before they're adults. It starts as little children because parents do everything for them rather than empowering them to do for themselves. Signed, A preschool teacher

That is another support for UBI for everyone. yanggang

This world needs ww3 for new and huge number of employment opportunities and also for lessening the burden of overpopulation. When is it going to begin?

Well, your children, you raised them.

Greatest economy ever

Those kids will probably put them in a home.

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