Gen X just turned 60. They're still tapping parents for cash.

A recent survey indicates that financial dependency on parents persists across multiple generations. Specifically, half of millennials continue to rely on their parents for monetary support. Additionally, one-third of Gen Xers, who have now reached the age of 60, are still tapping their parents for cash. These findings highlight a continuing trend of financial reliance on the older generation among both millennials and the aging Gen X population in the current economic landscape.