68 Percent of Parents Delve Into Their Savings to Help Adult Children

Bankrate: Parents are stepping in to help their adult children when they’re in a financial pinch, but many are sacrificing their own savings in the process. Over two-thirds (68 percent) of parents of adult children have made or are currently making a financial sacrifice to help their kids financially, according to a new Bankrate survey. Parents say they sacrificed retirement savings (43 percent), emergency savings (51 percent), paying down their own debt (49 percent) or reaching a financial milestone (55 percent) (Bankrate). 

RNC Research: BIDEN ECONOMY: 68% of parents say they are sacrificing their own savings to support their adult children (Twitter).