NPR News·4 min read·medium

Amid cost of living stress, many parents are supporting children well into adulthood

J
Jennifer Ludden
Amid cost of living stress, many parents are supporting children well into adulthood
AI Summary

Rising costs of living and economic pressures are forcing many American parents to support their adult children well into their 30s and 40s. Data shows a significant increase in multi-generational households as young adults struggle to achieve financial independence.

Mabel Lago and her husband are retired and in their 70's. But before they decided to move from New Jersey to South Carolina this year, they checked with their younger son. That's because he was still living with them, at age 39.

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