Thursday, October 23, 2008

 

Hello Mom -- Goodbye Retirement

Even into adulthood, there is this notion that parents will be there to take care of us, emotionally or financially, possibly with a nice inheritance. That's still the case for many families.

But increasingly, adult children like Martin are finding themselves cutting into their own savings and retirement funds or even going into debt to support their aging parents.

Hello Mom -- Goodbye Retirement
Source: CNN

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