Don't let your kids ruin your retirement

[bjl584]

Don't let your kids ruin retirement - boomers & savings - MSN Money

[snshijuptr]

I think one thing these type of parents don't think about all of their children when doing this. By bank rolling one child and putting their retirement at risk, they risk that their other children will be left supporting the parents after the retirement money has run out.

[disneysteve]

I think parents may think they are helping their kids when they are totally not. Look at all of the adult children still living at home at 23 or 25 or 28 or beyond, often paying no rent or living expenses. How is that a good thing? How is that teaching them to be responsible independent adults. It is just prolonging childhood IMO. Kids need to grow up and live as adults, supporting themselves in the process. That will most likely mean knocking down the standard of living they enjoyed with mommy and daddy until they can actually afford it themselves but that's life, or at least it used to be.