Anonymous
03/26/2024 16:44
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
Zero OP, I know no people who are subsidizing their parents.
Anonymous
03/26/2024 16:33
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
I can think of only one person who (I assume, based on career path) is doing so much better financially than his parents ever did that I’d bet he’s subsidizing them. He’s in his late 40s. I haven’t been in touch with him in years, but it’s something he would do and probably something he *can* do.
I know of no one else who provides financial support to their parents. I can only assume that this is something that does happen in OP’s subculture and OP is inordinately anxious about it.
I know of no one else who provides financial support to their parents. I can only assume that this is something that does happen in OP’s subculture and OP is inordinately anxious about it.
Anonymous
03/26/2024 16:05
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
Only one set had to help a Mother who divorced in her 60s. They moved her to their state and did the downpayment on her condo and get her an office assistant job at their club fed office.
She saved money and retired 15 years later.
They did not want her living with them or their busy family of 6.
She saved money and retired 15 years later.
They did not want her living with them or their busy family of 6.
Anonymous
03/26/2024 16:04
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
I don't know a single person supporting their parents. And my family is white, American, middle class, some upper middle class.
My parents give their parents large gifts for Christmas or birthdays, but they have a lot of siblings to go in with them on a gift. So they have over the years given a TV, washing machine, deep freezer, etc. They aren't supporting them in any way however.
My parents give their parents large gifts for Christmas or birthdays, but they have a lot of siblings to go in with them on a gift. So they have over the years given a TV, washing machine, deep freezer, etc. They aren't supporting them in any way however.
Anonymous
03/26/2024 16:02
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
Anonymous wrote:It seems to be pretty common on here for adult children in their 30s, and even mid-to-late 20s to be giving financial help to their parents.
No is not common.
Anonymous
03/26/2024 16:02
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
Most couples age 30, 40 and 50 are NOT supporting one or both sets of parents financially.
Maybe a few have to do some of that when end of life care or assisted living.
Americans try to save and have LT care set up so they are NOT a financial burden to their adult children and their respective families.
Maybe a few have to do some of that when end of life care or assisted living.
Americans try to save and have LT care set up so they are NOT a financial burden to their adult children and their respective families.
Anonymous
03/26/2024 14:08
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
1 percent. My foreign sister in law
Anonymous
03/26/2024 14:04
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
When we were 34, we helped my in-laws who could not afford first and last month on an apartment when they had to move. I'd prefer never to do that again.
Anonymous
03/25/2024 15:01
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
Why do you keep asking this question over and over?
Anonymous
10/18/2023 23:42
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
95% do not give money to their parents.
The one that does is chinese/ from Hong Kong.
Similar situation: failure to launch, single sister, parents had money, guilt trip my friend into send monthly allowances. She has a big prenup and post nip in her marriage plus she and her spouse run a business together.
The one that does is chinese/ from Hong Kong.
Similar situation: failure to launch, single sister, parents had money, guilt trip my friend into send monthly allowances. She has a big prenup and post nip in her marriage plus she and her spouse run a business together.
Anonymous
10/18/2023 17:29
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
Anonymous wrote:I think white people don’t talk about it as much. I pay my mom’s mortgage at 37, and we are very grateful for some informal help as a grandparent but it’s a ton of money
How old were you when you started paying your mother's mortgage?
Anonymous
10/12/2023 20:11
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
I knew zero people who were supporting their parents by age 40, but I am also middle class.
Now some extended family members in their mid 50s have started supporting their parents because their parents were always poor, now have retired and have only social security, and would not be able to pay bills otherwise.
Now some extended family members in their mid 50s have started supporting their parents because their parents were always poor, now have retired and have only social security, and would not be able to pay bills otherwise.
Anonymous
10/12/2023 18:49
Subject: Re:What percent of people do you know weren't financially supporting their parents before they turned 40?
Zero.
Actually, I know an Asian couple in their late 40s who still expect the Asian grandparents to pay for the grandchildren's private school tuition.
Actually, I know an Asian couple in their late 40s who still expect the Asian grandparents to pay for the grandchildren's private school tuition.
Anonymous
10/12/2023 18:33
Subject: Re:What percent of people do you know weren't financially supporting their parents before they turned 40?
I can think of 2 white American friends in their 30-40s (very far removed from being immigrants) financially helping their white parents. There are probably more but I'm not close enough to know personal info like that.
Anonymous
10/12/2023 18:08
Subject: What percent of people do you know weren't financially supporting their parents before they turned 40?
The only person I know who helps their parents is a 16 year old I work with who was expelled from school and works with me. She helps her mom pay the bills.