Gen X turns 60 still asking parents for money

A recent survey reveals that a significant portion of Generation X, now aged 45 to 61, still relies on their parents for financial support, with one-third reporting dependence. While older Americans hold the majority of wealth, inherited assets are increasingly delayed due to longer lifespans and changing financial circumstances. Many adults continue to receive help with expenses such as housing, medical costs, and education, highlighting ongoing intergenerational financial relationships and challenges in achieving financial independence.

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