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The Cost of Supporting Adult Children or Elders

As we get older, some of us find ourselves supporting our adult children or our elderly parents. If you're in this situation, you're not alone. According to the latest poll from ACCC, many middle-aged consumers are footing the bill for their recent college grads and setting aside their finances for aging parents. The statistics below may surprise you. 

 

Cost Of Elder Or Adult Child Care Infographic 

 

 

 

 

 

 

 
 
American Consumer Credit Counseling (ACCC) provides nonprofit credit counseling and debt reduction services for consumers with credit problems who want to know how to pay off credit cards and how to get out of debt. Our certified credit counselors have helped thousands of individuals and families nationwide pay off credit card balances and unsecured debt through credit card relief programs and credit card debt solutions. Our debt management plans provide a kind of personal debt consolidation strategy for help getting out of credit card debt, and we offer a wide variety of financial education services to consumers who need help getting out of debt and managing their finances more effectively.

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