What you don’t know about your parents’ retirement plans could hurt you financially

February 18, 2020 by Dhara Singh

Most working Americans have no clue how prepared their parents are for retirement, a knowledge gap that could hurt their own finances.

About 7 in 10 of adults between 25 and 44 said they know little to nothing about their parents’ finances, according to a survey from AgeUp, an annuity product issued by MassMutual and sold by Haven Life Insurance Agency.

But nearly the same share expect they will need to financially help their parents if they outlive their savings. The survey polled 1,500 people and was given to Yahoo Finance exclusively.

Click HERE to read the full story via YAHOO! Money

Originally Posted at YAHOO! Money on February 10, 2020 by Dhara Singh.