Gen X Parents Fear Financial Support

This is a news story, published by CNBC, that relates primarily to Gen Xers news.

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financial support

CNBC

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More than half of Gen X parents worry about financially supporting their kids into adulthood, survey shows

Summary

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82% Informative

More than half , or 53% , of Gen X parents fear that their kids will need financial support into adulthood, according to a U.S. Bank survey.

That's compared with 37% of all parents, per the data.

Gen Xers have grown up amid less-than-ideal economic conditions, which can bolster feelings of uncertainty.

"They've broadened into a more holistic view of money," Thiegs said. "It's not just balancing your checkbook, but also understanding what, long term, do I want for my life.".

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful