This expense is eroding Americans’ retirement security — and financial planners often fail to help them
Yahoo Finance·2025-10-16 22:32
Americans are willing to set aside their own basic needs in retirement to provide financial support to family members. - Getty Images Millions of Americans provide financial support to their family members — even when it cuts significantly into their retirement savings. Unfortunately, financial planners dramatically underestimate how hard it is for people to break this spending habit. Most Read from MarketWatch According to the 2025 Protected Retirement Income and Planning (PRIP) study, 17% of consumer ...