It’s billed as boomers vs. millennials or retirees vs. their grandchildren: a zero-sum cage match coming soon to a town near you. Back then, the driving factor was older Americans age 85 and up moving in with adult children. Also from Forbes:Financial Support Flows in Many WaysWe see financial support flowing in many ways. Adult children give to their parents; grandparents give to their grandchildren and parents give to their adult children. Family Caregivers: Millennials and BoomersMoney isn’t the only kind of support that family members are giving to one another.
Source: Forbes February 20, 2018 22:30 UTC