Many Adults Are Helping Their Parents Financially Despite Strain – The New York Times

Many Adults Are Helping Their Parents Financially Despite Strain – The New York Times:

“Many adults give financial support to their parents, despite feeling a strain on their own budgets, new research finds.

About a third of adults in their 40s, 50s and early 60s said they had given a parent money in the past year, according to a new survey from the research arm of AARP, the advocacy organization focused on older Americans.”

Opinion | Millennials Aren’t Spending All Their Money on Avocado Toast, Actually – The New York Times

Opinion | Millennials Aren’t Spending All Their Money on Avocado Toast, Actually – The New York Times:

“… there is also clear evidence that millennials, born between 1981 and 1996, are saving more aggressively for retirement than Generation X did at the same ages, 22-37. And that might put them in better financial shape than many assume.”