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Half of under-40s expect to help parents in retirement

Pelican Press

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Half of under-40s expect to help parents in retirement

Many retirees worry they will chew through all their savings and those fears could be chilling conversations about transferring wealth down to their children, a survey by AMP has found.

Young people are reluctant to bring up the topic of intergenerational wealth, with three in five failing to broach the subject with their parents and even fewer explicitly asking for financial help.



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#under40s #expect #parents #retirement

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