Baby Boomers supporting their young! Aussie research

We know Baby Boomers are providing most of the child care for their childrens’ offspring, also providing accommodation for adult children, some not leaving the nest, others returning  to the parental home after a period of work/education and relationships.

The effect of this support on  their own retirement savings is worrying!

Read: Intergenerational dependency: the hidden $507bn cost of support provided by Australian children, parents and grandparents.

 

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