Publication
08 Nov 2019 ·
Montenegro
The generational trickle-down effect
1 min read
Receiving unpaid care from a family member can have a number of implications for the carer in terms of health and financial wellbeing. As to the latter, this can include disruption to working patterns and personal financial hardship. Within this section, we explore the experience of Generation X+ and Millennials/Generation Z on the potential impact of having to support the long-term care needs of parents or grandparents. We found these groups hold strikingly different perspectives.
To explore intergenerational trends, the rise of the bank of son and daughter and the death of inheritance, please download Our Future Financial Lives report.
