'Boomerang' Kids Eat Into Expenses, Retirement Savings

Bloomberg's Suzanne Woolley joins Scarlet Fu and Tom Keene on "Bloomberg Money." The share of young American adults living with their parents is back near Covid-lockdown highs. A fuller nest can come at the expense of your nest egg. Half of those supporting an adult child say it’s affecting their finances, according to a Thrivent survey, and one in five say they’ll reduce retirement savings if necessary. (Source: Bloomberg)

Bloomberg's Suzanne Woolley joins Scarlet Fu and Tom Keene on "Bloomberg Money." The share of young American adults living with their parents is back near Covid-lockdown highs. A fuller nest can come at the expense of your nest egg. Half of those supporting an adult child say it’s affecting their finances, according to a Thrivent survey, and one in five say they’ll reduce retirement savings if necessary. (Source: Bloomberg)