The report said 59 per cent of retirees report helping their non-student adult children with both day-to-day expenses and big-ticket items like home purchases.
The report said 59 per cent of retirees report helping their non-student adult children with both day-to-day expenses and big-ticket items like home purchases.
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The first paragraph of the article states:
My parents have no negative impact on their finances, they can still afford to travel internationally 2-3 times a year for multiple weeks at a time, and yet they would be included in that percentage.
This makes the headline very misleading, since it implies that 60% of retirees are experiencing a negative impact upon their finances.
Instead, I’d like to see the percentage of retirees who think they are experiencing a negative impact upon their finances. That number would be more useful in determining what to do about the situation.
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I immediately assume negative connotations because the first sentence states “Negative Impact”
I don’t know what part of that logic is confusing to you.