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alistairSHtoday at 6:17 PM2 repliesview on HN

33% of GenX is still depending on their parents? That's shocking... I'm at the young end of GenX at 49yo. So, a slice of the population that is fast approaching retirement age is still reliant on their septuagenarian or octogenarian parents for money? Wow.


Replies

alistairSHtoday at 6:22 PM

Source: https://news.northwesternmutual.com/planning-and-progress-st...

OK, now I'm questioning the whole thing... it also claims 17% of Boomers reliant on their parents. So, we have some substantial number of 62-80 years olds relying on their 90-100 year old parents? Seems unlikely.

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chasd00today at 7:19 PM

yeah that's ridiculous. I'm 50 and fully support my MIL (she lives in my garage apartment) and my sister fully supports our mom (she lives with my sister). The boomers i know are completely financially dependent on their children.