• 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

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.