Recent comment including print media , on parents assisting/subsidising their children.
This is not a new phenomena, as some make out, its been significant part of the retirement income wider picture for the last 2 decades, only now are commentators waking up to the adjustments taking place in communities.
This Aussie research is mirrored here in New Zealand
Mum and Dad be cautious, its eroding your own retirement savings, Look after your own needs first, then others!
https://www.finder.com.au/parents-helping-kids-financially
- Keep a lookout for July 2022 Members newsletter No 28. Out next week!