Over 50% of Parents Supporting Adult Children, Two-Thirds Plan to Cut Them off in Next 3-4 Years
(Zero Hedge)—More than 50% of parents with a child older than 18 are providing them with at least some financial support, according to a recent report by savings.com. Key findings from the report: Half of parents with adult children provide regular financial assistance to their grown offspring. The average support per adult child is $1,474 monthly, about 6% higher …