10/9/2015 – Reopening the Bank of Mom and Dad, to Help Adult Children (The New York Times)

Oct 09, 2015 Comments Off by

More older parents are  helping their adult children by dishing out loans or cash gifts, or paying bills. But this largess sometimes blows a big hole in their finances, even jeopardizing their retirement. As a result, some older adults are going back to work, reducing their own living expenses or even declaring bankruptcy.

Read the full article in The New York Times.

Financial Landing 2015

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