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Boomers and Millennials are redefining the ties that bind parent and child in profound ways.

• Boomers saw their parents as authority figures. In contrast, Millennials view their Boomer parents more as peers, mentors and friends.
• Although Boomers found themselves on their own after college, they are happy to continue supporting their children well into adulthood.
• Yet, Millennials don’t adhere to the principles that have led to their parents’ success. They hold twice as much in cash as their parents, and 25% have already dipped into their retirement accounts.
  

Get the right support for your family

Your �۶���Ƶ Financial Advisor can help Boomers prepare to support children longer, and help Millennials understand the value of long-term investing.