Stability and change in financial transfers from adult children to older parents.

TitleStability and change in financial transfers from adult children to older parents.
Publication TypeJournal Article
Year of Publication2012
AuthorsSzinovacz, ME, Davey, A
JournalCan J Aging
Date Published2012 Dec
ISSN Number1710-1107
KeywordsAdult children, Aged, Female, Financial Support, Humans, Male, Middle Aged, Parent-Child Relations, Parents

We sought to identify the extent and predictors of longitudinal changes in adult children's financial assistance to parents and in transfer networks over a two-year period. Analyses rely on pooled data from 1994 to 2000 of the Health and Retirement Study, using families in which adult children with no more than four siblings financially supported parents over two years. Change in the help network occurred in about 40 per cent of these families over the two-year period. When change occurred, it most commonly involved cessation of support by a child, followed by addition of another child to the network, whereas exchange of supporting children was relatively rare. Change reflected children's ability to provide care and the burden created by parents' needs. However, the size and composition of the adult-child network and of the initial support group also played an important role. Results highlight the dynamic and systemic nature of intergenerational financial networks.

User Guide Notes

Endnote Keywords

Financial assistance/intergenerational Transfers/parent Child Relations/adult Children/help network

Endnote ID


Alternate JournalCan J Aging
Citation Key7780
PubMed ID23217582
Grant ListR01AG024045 / AG / NIA NIH HHS / United States