The statistic above shows the percentage of people aged 50 and older who provided financial support to their family members within the last 5 years. 68 percent of the respondents stated they are providing financial support to adult children aged 21 and over.
Overall, about 62 percent of people age 50+ are providing financial support to family members.
Percentage of U.S. Americans aged 50+ providing financial support to family members in the last five years as of 2013, by recipient
Characteristic
Percentage of people aged 50+ who provided financial family support
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Merrill Lynch. (November 18, 2013). Percentage of U.S. Americans aged 50+ providing financial support to family members in the last five years as of 2013, by recipient [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/325154/people-ages-50-and-older-providing-financial-support-to-family-members/
Merrill Lynch. "Percentage of U.S. Americans aged 50+ providing financial support to family members in the last five years as of 2013, by recipient." Chart. November 18, 2013. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/325154/people-ages-50-and-older-providing-financial-support-to-family-members/
Merrill Lynch. (2013). Percentage of U.S. Americans aged 50+ providing financial support to family members in the last five years as of 2013, by recipient. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/325154/people-ages-50-and-older-providing-financial-support-to-family-members/
Merrill Lynch. "Percentage of U.S. Americans Aged 50+ Providing Financial Support to Family Members in The Last Five Years as of 2013, by Recipient." Statista, Statista Inc., 18 Nov 2013, https://www.statista.com/statistics/325154/people-ages-50-and-older-providing-financial-support-to-family-members/
Merrill Lynch, Percentage of U.S. Americans aged 50+ providing financial support to family members in the last five years as of 2013, by recipient Statista, https://www.statista.com/statistics/325154/people-ages-50-and-older-providing-financial-support-to-family-members/ (last visited December 22, 2024)
Percentage of U.S. Americans aged 50+ providing financial support to family members in the last five years as of 2013, by recipient [Graph], Merrill Lynch, November 18, 2013. [Online]. Available: https://www.statista.com/statistics/325154/people-ages-50-and-older-providing-financial-support-to-family-members/
