Reasons for stopping financial support to family members in the U.S., 2013

The statistic above represents the most common reasons why people aged 50 and older in the United States stopped to financially support their family members as of 2013. 57 percent of the respondents stated they felt their family members were not using money wisely, while 11 percent stated they worried their family members would not be able to pay the money back.

Reasons why people aged 50 and older stopped financial support to family members in the United States in 2013

Share of respondents
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Source

Release date

November 2013

Region

United States

Survey time period

August 2013

Number of respondents

about 2,100 and about 2,809 affluents

Age group

50+

Method of interview

Online survey

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