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5 signs it's time to stop giving your grown children money

Dec 17, 2015, 21:30 IST

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If you want to provide for your adult kids, you aren't alone.

A 2015 survey from the Pew Research Center of nearly 1,700 Americans found 61% of parents with grown children had helped them out financially in the past year. Largely, they don't consider this a burden: 72% feel they're expected to help their children "the right amount" and 89% find it rewarding.

But are you supposed to feed money to your grown children indefinitely? And if not, how do you know when to stop?

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Below, we've outlined five signs it might be time to stop sharing, with the help of certified financial planner Katie Brewer, financial coach to Gen X and Gen Y with Your Richest Life.

This article was written by Business Insider without the involvement of Merrill Lynch.
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