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Home > Terms > English, UK (UE) > Kids in parents' pockets eroding retirement savings (KIPPERS)
Kids in parents' pockets eroding retirement savings (KIPPERS)
When an adult child moves back home because he or she is unable to afford the expenses of living on his or her own, many parents often have to dip into their retirement accounts to absorb the extra expenses.
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- Part of Speech: noun
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- Industry/Domain: Accounting
- Category: Auditing
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