The report said 59 per cent of retirees report helping their non-student adult children with both day-to-day expenses and big-ticket items like home purchases.

  • BlameThePeacock
    link
    fedilink
    English
    arrow-up
    7
    arrow-down
    1
    ·
    7 months ago

    The first paragraph of the article states:

    The majority of Canadian retirees are supporting their adult children financially, which they say is having a negative impact on their own finances, a new report has found.

    My parents have no negative impact on their finances, they can still afford to travel internationally 2-3 times a year for multiple weeks at a time, and yet they would be included in that percentage.

    This makes the headline very misleading, since it implies that 60% of retirees are experiencing a negative impact upon their finances.

    Instead, I’d like to see the percentage of retirees who think they are experiencing a negative impact upon their finances. That number would be more useful in determining what to do about the situation.

    • njm1314@lemmy.world
      link
      fedilink
      arrow-up
      3
      arrow-down
      2
      ·
      edit-2
      7 months ago

      I don’t see what that has to do with anything in either of our comments.

      I’m also still not seeing why you immediately assume negative connotations.

      • BlameThePeacock
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        1
        ·
        7 months ago

        I immediately assume negative connotations because the first sentence states “Negative Impact”

        I don’t know what part of that logic is confusing to you.