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18 Aug 2022
Many Baby Boomers are supporting their children and even grandchildren out of their retirement income.
Dunstan Thomas Baby Boomer Study 2022 found that 23% of 59-75 year olds across the Uk are financially supporting their children, even after they've retired, the average number of years they expect to keep this up in retirement is 9.6 years. Furthermore, 16% of Boomers are supporting their grandchild(ren) financially.
