The Danger of Boomer Generosity
Doug O. Jones
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Posted 05.29.2013
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Canada
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TD Canada Trust recently released a report that was a little surprising, both from a financial and social perspective. It indicated that one-in-five baby boomers (19 per cent) admitted to researchers that they would consider jeopardizing their own financial stability and future in order to help their adult kids financially. But is that good?