Families

CNBC -  Nearly half of parents with a child over 18 provide them with at least some financial support, according to a recent report.For parents, however, supporting grown children can be a substantial drain at a time when their own retirement security is at risk....From buying food to paying for a cell phone plan or covering health and auto insurance, nearly half, or 47%, of parents with a child over 18 provide them with at least some financial support, according to a report by Savings.com. These parents are shelling out $1,384 a month, on average, the report found....And yet, 61% of adult children still living at home don’t contribute to household expenses at all, Savings.com found.   In fact, 58% of parents said they have sacrificed their own financial security for the sake of their adult children, a jump from 37% of parents a year earlier, Savings.com also found.