Saturday, August 23, 2025

Caring Connections - Money Struggles and Inheritance


As America braces for the Great Wealth Transfer, a new survey uncovers how young adults view their inheritance and the mounting financial responsibilities of caring for their parents.

The results reveal a striking mix of optimism, anxiety, and resentment, offering a fresh look at the intergenerational challenges tied to retirement and aging.

Choice Mutual surveyed Americans between the ages of 18 and 43 to determine people's expectations for inheritance.

Key Findings:

  • 66% of Americans either expect to or have already received an inheritance from their parents.

  • The average expected inheritance is $334,850.

    • Nearly 3 in 5 Americans plan to invest their inheritance.

    • 2 in 5 plan to use inheritance for housing or home improvements.
  • Nearly 1 in 2 Americans plan to or already have supported their parents financially in some way. 

  • 53% of Americans who plan to support their parents financially expect to be burdened by it. 

  • 1 in 3 Americans resent their parents for not being in a better financial position than they are.

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