Nearly 50% of US parents financially supporting adult children, study finds - eviltoast

Soaring costs of food and housing forcing many to still rely on parents to cover expenses, as they risk retirement security

Archived version: https://archive.ph/ZPt30

  • FiniteLooper@lemm.ee
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    8 months ago

    My dad had to help me out in my period of unemployment. After this was over I found out he basically has no retirement. He has money from his current income, but nothing saved up. He’s nearly 70.

    • Neato@ttrpg.network
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      8 months ago

      We will all die at our desks. The generation of the majority of American workers being able to ever retire is dead. And corporations and billionaires celebrate perpetual labor.

    • stoly@lemmy.world
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      8 months ago

      Boomers grew up with the promise of a pension and did not adjust when pensions went away.