Share of adults saying financial assistance for an aging parent, adult child or grandchildren is a responsibility in Italy and Germany as of 2014
Financial aid for family members seen as responsibility in Italy and Germany in 2014
This statistic presents the share of adults in Italy and Germany who believe that certain aspects of financial help for elderly parents, as well as grandchildren care and money saved for future generations, are the responsibility of the offspring. Approximately 87 percent of Italians believe that looking after an aging parent financially is a responsibility. Among German respondents, 63 percent believe financially supporting adult children is a responsibility, before looking after elderly parents (53 percent).
Share of adults saying financial assistance for an aging parent, adult child or grandchildren is a responsibility in Italy and Germany as of 2014
GermanyItaly
Supporting financially elderly parents58%87%
Supporting financially adult children63%73%
Helping with care for grandchildren (by grandparents)38%50%
Saving money to hand down to children after death16%27%
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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

Method of interview

Telephone interview

Supplementary notes

* 1,516 respondents in Italy and 1,700 respondents in Germany.
The source adds further comments: "Respondents were asked whether each was a responsibility or not a responsibility regardless of whether it might be a good thing to do".

Financial aid for family members seen as responsibility in Italy and Germany in 2014
This statistic presents the share of adults in Italy and Germany who believe that certain aspects of financial help for elderly parents, as well as grandchildren care and money saved for future generations, are the responsibility of the offspring. Approximately 87 percent of Italians believe that looking after an aging parent financially is a responsibility. Among German respondents, 63 percent believe financially supporting adult children is a responsibility, before looking after elderly parents (53 percent).
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