[EBS귀트영 5/2] Supporting Adult Children: Balancing Financial Responsibilities

02 Thu. 

Supporting Adult Children: Balancing Financial Responsibilities 

성인 자녀 지원, 재정적 책임의 균형 확보

 

Many parents find themselves financially supporting their adult children due to various economic challenges, including student loan debt.

Nearly half of parents provide financial assistance to their grown children, spending an average of $1,384 per month. 

Despit this support, a significant portion of adult children living at home don't contribut to household expenses. 

 

However, this assistance comes at a cost to parents own financial security, with a majority sacrificing their retirement savings.

Financial planners advise parents to establish boundaries and balance their own financial goals with supporting their children.

Setting parameters and discussing financial plans with children can help ensure both parties understand expectations. 

 

Experts recommend prioritizing retirement savings and emergency funds before providing financial leg ups to adult children.

They suggest negotiating agreements with children, encouraging them to contribute to their own financial future.

Establishing clear boundaries can help parents walk the tightrope of supporting their children and securing their own financial well-being. 

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comes at a cost 희생이 따른다 

financial security 재정적 안정

retirement savings 노후자금

establish boundaries 경계를 설정하다 

Setting parameters 한도를 설정하는것

help ensure both parties understand expectations 양측이 기대치를 이해하는데 도움이 되다

providing financial leg ups to adult children 성인자녀에게 재정적 도움을 주는것

contribute to their own financial future 자신의 미래 재정에 기여하다 

walk the tightrope 균형을 이루다