More than 80 per cent of working people with living parents say they provide financial support for their parents - but few believe their children will do the same for them. Almost all the 1,000 people surveyed by Prudential Assurance believed children should give their parents money, regardless of the parents' financial situation. And more than 80 per cent of working people do so - paying their parents an average of $2,575 a month. Ninety per cent of those who earn more than $30,000 a month and 72 per cent earning less than $10,000 make regular payments to their parents. And only 16 per cent of retirees declined financial support in appreciation of the burdens on their children. Although 85 per cent of working parents expressed a wish for their children to support them in turn, less than half are confident they will do so. Forty-four per cent said 'it depends' and 10 per cent believed the children would not follow suit.
