56% of Gen Xers were financially supporting either their parents or their kids, per Nationwide.
— unusual_whales (@unusual_whales) January 17, 2025
About a fifth of Gen Xers taking care of a parent said they had a significant amount of debt, and a similar portion said they were unable to save for retirement.
"Gen Xers are stumbling in saving for retirement as they face caring for both kids and parents," Jennifer Sor, Business Insider, December 8, 2024.
