Adult children may be sapping their parents’ retirement funds

By Alyssa Place, This is my expertise
Published Updated 5 Min Read

Parents are attempting to push their adult children out of the nest — but they’re not budging, and it’s coming at a cost. 

At the peak of the pandemic, 52% of young adults between 18-24 years old moved back in with their parents, according to data from the Pew Research Center. But more than two years later, 40% of parents are still hosting their adult child in their home, and in many cases, financially supporting them. 

Alyssa Place
Editor-in-chief

Alyssa Place is the editor-in-chief of Employee Benefit News and has been with the team since 2019. Her work covers mental health, DEI, women at work, financial wellness, retirement and workplace … Read full bio


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