Solution: Make Your Retirement Savings a Priority
If you don’t want your kids to support you in retirement, one thing you can do is stop giving them financial handouts. A survey by TD Ameritrade found that baby boomers are losing $11,011 a year to their millennial children because they’re helping support them financially. That’s money boomers could be stashing in savings to improve their chances of not having to rely on their kids for help in retirement.