Boomers who have cut the financial apron strings to their grown children are more than twice as likely to be retired as boomers who are still helping their kids with money.
That's the verdict of Hearts & Wallets' latest topic brief, which found that nearly a third of boomers are still supporting their children, whether adults or minors.
While overall 35 percent of boomers are retired from full-time work, only 21 percent of parents who are still supporting their adult children are fully retired.
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