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  • Kiplinger

    Don't Let the Kids Wreck Retirement

    by Eleanor Laise, Senior Editor, Kiplinger's Retirement Report Jul 02, 2019 2 minutes

    Are your kids putting your retirement at risk?

    Parents of adult children give their kids about $500 billion annually--double the amount they contribute to their own retirement accounts, according to recent research by Merrill Lynch and Age Wave. And roughly half of parents in a recent Bankrate survey said that paying their adult children's bills was jeopardizing their own retirement security.

    Nearly 80% of parents give their adult

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