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Life Health > Long-Term Care Planning

Boomer generosity

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  • 90% – Percentage of boomers who have provided some kind of financial help for their adult children.
  • 15% – Percentage of boomers who are helping their parents with medical expenses or utility bills.
  • 10% – Percentage of boomers who are helping their parents with long-term care or mortgage payments.

Source: Ameriprise