Poll: Do You Plan to Support Your Adult Children?

Knowing when it's time to cut the financial umbilical cord

Warning: getimagesize(http://dev.blackenterprise.com/wp-content/blogs.dir/1/files/2011/08/lending-money_african-american-300x253.jpg): failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /home/blackenterprise/public_html/wp-content/themes/blackenterprise/single-standard.php on line 35

A recent study conducted by SunAmerica Financial Group found that 70% of parents age 55 and older expect to support their adult children financially at some point. This line of thinking is part of a new retirement mindset, according to SunAmerica, in which retirement is being postponed and older Americans are working longer. What do you think? Should parents continue to help their adult children with money, or should there be a specific age where all financial support comes to an end? Click on our poll below.

Do You Plan to Support Your Adult Children? Take our poll.