More than 90 percent of Boomers help adult children with money
Boomer women say they discuss finances, but fathers tend to help with big purchases, tapping their own retirement savings to do so.
By Staff Writer|July 02, 2012 at 07:34 AM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Dad needs to work on his communication skills—it’ll cost him a lot less. When dealing with the travails of adult children of baby boomers, women are engaging in more regular financial conversations with their families, but men may be more willing to reach for their wallets.
These are among the details from the Money Across Generations II study, released in mid-June by Ameriprise Financial, which finds there are significant differences in how American men and women approach money matters, especially those concerning their adult children and parents.
Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.
Your access to unlimited BenefitsPRO.com content isn’t changing. Once you are an ALM digital member, you’ll receive:
Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
It’s no secret that health benefits have struggled to keep up with workforce expectations during the Great Resignation. Remaining competitive means employers must streamline their health benefits, put employees first and deliver on brand values. Download this guide to help your clients gain an edge in 2022 with their health benefits.
Amid mass resignations and record-high job openings, employees are now firmly in the driver’s seat when it comes to where and how they work. So, how are you going to stand out in this highly competitive market? This guide outlines a forward-thinking health benefits strategy that will ensure your company remains competitive in 2022 and beyond.
Millennials and Gen Z value tobacco and nicotine cessation more than ever before, but quit programs must adapt to their evolving needs. New research indicates successful quit programs have three key facets. Download this interactive ebook to learn how to set your company apart with an effective quit services benefit.