Skip to main content

FACT OF THE WEEK

 

3 in 10 workers and 2 in 10 retirees provide financial support to family members or friends

“3 in 10 (29%) workers and 2 in 10 (20%) retirees report they are currently providing financial support to a relative or friend,” according to the 2015 Retirement Confidence Survey. The survey also found that 23% of workers and 16% of retirees currently provide unpaid care to help with the personal needs or household chores of a relative or friend.
       
 
       

EBRI. (2015). Financial support and unpaid care provided by Americans. (RCS Fact Sheet No. 7). Washington DC: Employee Benefit Research Institute. Retrieved from this source.

Search for similar facts in Facts database

 

PREVIOUS FACTS
 
 
 
 
 

More »

» Learn more about our Facts and Literature Databases

Follow The Center on Aging & Work at Boston Collegelink to Aging & Work Twitterlink to Aging & Work Facebook