You Might Have to Move in With Your Kids
An overwhelming majority of parents don’t expect any financial support from their children in retirement, according to a recent GOBankingRates survey. But that doesn’t mean they won’t end up turning to them for help.
In fact, the percentage of older adults living with children has increased in recent years, according to the Center for Retirement Research. Those who move in with their kids are usually forced to do so because of economic distress.