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Fortune

Eleanor Pringle

Parents financially supporting their adult children are ruining their retirements and raiding their savings

An illustration of parents paying for college tuition for their children (Credit: Nataliia Nesterenko - Getty Images)

Everyone wants the best for their kids.

Whether it's happiness, health or wealth, parents and guardians want their children to have an abundance of each—but at what cost to their own livelihoods?

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