Tuesday, May 16, 2006

Boomers' Financial Help to Parents

Nearly three-in-ten baby boom generation members with a living parent say they provided financial assistance to a parent in the past year. But the flows go both ways: 19% report that they received financial help from a parent. Thanks to advances in life expectancy, 71% of today's boomers have at least one living parent, a Pew Research Center survey found. Source: Pew Research Center

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