What happens if it's not the child, but the parent who can't make it on his own financially?
He moves in with his kids.
That seems to be what's happening as the aging parents of boomers not only run short of cash, but need more care than either they or their families can afford – a reversal of the trend seen during the recession, when unemployed or underemployed adult children moved back in with their parents.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
