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Boomers are facing financial strains as they pay for many things for their kids and their own parents; 71% of boomers said they helped pay for their children’s college tuition or loans and 55% let them live at home rent-free, which has slowed down many of their retirement savings.

Boomers are facing financial strains as they pay for many things for their kids and their own parents; 71% of boomers said they helped pay for their children’s college tuition or loans and 55% let them live at home rent-free, which has slowed down many of their retirement savings. (MSNBC)

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