Grateful to AARP for its support and to the Urban Institute for featuring my work on intergenerational wealth transfers. The blog below explores what this upward support means for adult children’s own financial futures. The brief provides the longer-term trend data: www.urban.org/research/pub...
Three Key Facts on Intergenerational Wealth Transfer
This brief analyzes who inherits what, how adults without children transfer wealth, and when money flows upward, from younger to older generations.
urban.org
New Urban #research shows more adult children supporting aging parents— “reverse transfers.” As #affordability pressures rise, this helps seniors meet basic needs but may limit younger adults’ ability to save, invest, and support their own #families. Learn more in this Urban Wire article.