As the cost of living soars, many adults are turning to a familiar safety net: mom and dad. Nearly a third of millennials and Gen Zers over the age of 18 receive financial support from their parents, according to a new survey from personal finance site Credit Karma. The site surveyed more than 1,000 adults …
Amid inflation, nearly one in three adults receive financial support from their parents Read More »
As the cost of living soars, many adults are turning to a familiar safety net: mom and dad. Nearly a third of millennials and Gen Zers over the age of 18 receive financial support from their parents, according to a new survey from personal finance site Credit Karma. The site surveyed more than 1,000 adults …
Amid inflation, nearly one in three adults receive financial support from their parents Read More »
On the eve of the largest generational wealth transfer in history, baby boomers are expected to pass on more than $68 trillion to their children. “This is a generation that has accumulated a greater percentage of wealth than any other generation,” said Mark Mirsberger, CPA and CEO of Dana Investment Advisors, referring to baby boomers. …
Israel Sebastian | time | Getty Images There are more pressing financial goals for adults right now than building up their nest egg. For 2022, only 17% have made retirement savings their top financial priority, according to the latest Financial Wellbeing Survey from First National Bank of Omaha. And nearly half of respondents — 46% …
Financial priority for most adults is non-retirement savings, survey finds Read More »
