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Caring for Parents, Adult Children Often Means Financial Sacrifice: Survey
News June 06, 2025 at 02:50 PM
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What You Need To Know
- The median 18- to 49-year-old respondent said they spent $500 a month on supporting older adults.
- Thirteen percent of respondents said they had made an unplanned withdrawal from a retirement fund.
- Those who had received financial education were far less likely to rate their quality of life as worse than expected.
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