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Home / News / Economy / The Bank of Mom & Dad is Open – and it’s Affecting Homeowners’ Retirement (access required)

The Bank of Mom & Dad is Open – and it’s Affecting Homeowners’ Retirement (access required)

Parents with adult children are tightly linked financially, new research from home co-investing company Unison shows. The connections run deep—and in some cases, their children threatening parents' retirement plans. Unison CEO Thomas Sponholtz said, "Of course parents want to help their children, but it's worrisome that so many are putting their own retirement security at risk ...

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