When Cynthia Hutchins started her career as a financial planner in the 1980s, the concept of “retirement” was simple and straightforward. Most of her clients envisioned a few years of leisure after their full-time careers ended, with a pension, Social Security and perhaps a bit of savings providing steady support.

CBS 8 talks about key findings from Merrill Lynch's new Early Adulthood Study, including that nearly 3/4 of millennials are receiving financial help from their parents and an increasing number are making early withdrawals from their retirement accounts to pay the bills. These trends have important financial implications for adult children and parents alike, today and in the future. 

NEW YORK (June 6, 2017) – The Aegon Center for Longevity and Retirement (ACLR) today launched its sixth Annual Retirement Readiness Survey at the OECD Forum in Paris. The report, Successful Retirement – Healthy Aging and Financial Security, finds that both good financial habits and a healthy lifestyle are critical components of preparing for a successful retirement….