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Sept. 19 2026-Lisa Raitt Shares a Very Personal Story on Caregiving & A New Survey on the Trend of Adult Children Relying on Parents for Financial Support
We often talk to former Deputy Conservative leader Lisa Raitt about politics, but she has also been very open about her husband Bruce’s disease: he was diagnosed with Young-Onset Alzheimer’s at the age of 56 and Lisa has been his caregiver since then. They recently marked their 10th wedding anniversary having actually married after Bruce’s diagnosis which I think is amazing. Here is my heart wrenching conversation with Lisa.
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Do you still help your adult children financially? Until what age do they turn to you for cash? A new survey from RBC finds that more than half of parents have provided support to an adult child in the past year, giving an average of $6,15, to be exact. Parents are increasingly helping cover the costs of everyday life: groceries, rent and utilities. And the age where the younger generation still needs help is going up- up to 40! I spoke with Lucianna Adragna, Vice President, Client Segments, Everyday Banking, RBC