Boomer women tapping retirement savings to bail out kids

The site polled more than 50,000 of its members.”We are accustomed to hearing about Boomers’ aging parents moving in to be cared for by their Boomer generation children,” said Stephen Reily, founder and CEO, VibrantNation.com. “The reality of the current economy, however, has placed an even greater burden on many Boomers who now find themselves not only caring for their parents, but also providing significant financial support as well housing for their own grown children. This wasn’t part of their retirement planning and it provides members of this Vibrant Nation with some distinct challenges.”