Half of parents are paying their Gen Z and millennial adult children $1,474 a month—but they plan to pull the plug in the next two years because it’s eating into retirement
Millennials may be pushing 40 now—but their parents are still shelling out to help them stay afloat. About 50% of parents financially support at least one of their adult children over the age of 18, according to a recent report from Savings. Working-age Gen Z receive the most at an average of $1,813 monthly, while…
