Is Supporting Your Adult Children Impacting Your Retirement Plans?
Being a parent is a lifelong commitment. Your kids might go off to college, buy homes of their own, and start their own families -- but at the end of the day, your parenting duties may be perpetual, to some degree. That might extend to offering up financial support, even when your kids are at an age where they should, in theory, be capable of paying their own expenses.
But supporting your grown children financially has the potential to mess with your retirement plans. So if that's something you've been in the habit of doing, you may need to rethink things.
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Source Fool.com
