Childcare extends into adulthood

  • 2013-08-07
  • From wire reports

VILNIUS - A majority of Lithuanian residents provide financial support to their adult children, until they are able to stand on their own two feet, while a share of parents are determined to aid the families of their adult children until their grandchildren will become adults, reports ELTA. These are the results of the survey commissioned by insurance company PZU Lietuva and conducted by company Spinter Tyrimai.

Fifty-four percent of those polled said they provide financial support to their adult children. Thirty percent of those polled were undecided about the financial support.

“We see a trend that parents in Lithuania are determined to make every effort to help their children to stand on their own two feet, not only by providing financial help with housing and living expenses, but also by giving money. Even young adults are ready to support their children: four out of ten people in their thirties say they will help their children as long as they need it,” said Zbignevas Gaverskis, CEO at PZU Lietuva Gyvybes Draudimas, commenting on the findings of the survey.