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Bank of Mum and Dad at breaking point: Why adult kids are moving back home

Following relentless interest rate hikes and surging rents, adult children and their young families are increasingly moving back in with retired parents or seeking huge financial handouts.

Financial expert Olivia Maragna joined Jason Matthews on 4BC Breakfast to warn retirees that dipping into their super or guaranteeing loans without strict ground rules could destroy their hard-earned retirement security.

Hear more highlights from 4BC Breakfast below and download the 4BC App on iOS or Android to ensure you don’t miss a thing!

Image: iStock

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Jason Matthews
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