Parents and children: financial help between generations in Italy and Germany 2014

This statistic presents the share of adults, who provided financial help to their adult children and / or their aging parents in Italy and Germany as of 2014. According to the survey, that focused on intergenerational financial support shift in some of the fastest aging advanced economies of the West, approximately 60 percent of respondents gave financial help to their adult children in Italy. At the same time, 28 percent of Italian respondents financially supported their aging parents.

Financial help for aging parents and adult children in the previous 12 months in Germany and Italy as of 2014

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Source

Release date

May 2015

Region

Germany, Italy

Survey time period

October to December 2014

Number of respondents

3,216*

Age group

18 years and older

Special properties

adults who helped adult children and/or aging parents.

Method of interview

Telephone interview

Supplementary notes

* 1,700 sample size in Germany and 1,516 in Italy.
Among adult children at least one child aged 18 or older; among parents at least one aged 65 or older.

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