Survey: Half of U.S. Parents Still Financially Support Adult Children

Adulthood can cost a lot. And many U.S. adults still depend on their parents.

According to a recent survey from Savings.com, half of U.S. parents are still financially supporting their adult children.

The top categories where assistance has been needed are groceries, rent and mortgage, cell phones, car payments, tuition, health insurance, and vacations.

The survey consisted of 977 parents who have children ages 18 and up.

Half of US parents still financially support their adult children, survey finds https://t.co/ELkg78lBvn #economy

— Steve Baker, PMP (@STEVEPMP) April 26, 2022