According to the study, The Financial Journey of Modern Parenting: Joy, Complexity and Sacrifice, which was conducted by Merrill Lynch in partnership with Age Wave, parents today spend $500 billion annually on their adult children, ages 18-34, double the amount they contribute each year to their own retirement accounts.
Click ▶️ to hear Alfred Edmond, Jr.’s Money Matters report:

Original article source: http://aurn.com/is-supporting-your-children-putting-your-retirement-at-risk/ | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council
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