Parents with grown children provide an average of almost 1500 dollars a month in financial support.
Posted by Real Time with Bill Maher, Checked
- Sources
- 5 contradict1 support2 context
- Said
- 1 time·
- Confidence
- 45%
Real Time with Bill MaherOct 24, 2026
The extraction faithfully reflects the passage, and one unrated Savings.com-based report (republished by Yahoo Finance, Sept 2026) gives $1,474 per month for parents who provide regular support, which matches 'almost 1500'.
This claim is about the present, so it is judged as of the day it was checked.
What was said
… Hey, is this really the most efficient way to do this, by taking money from working people, giving it to retired people, who then give it back to their adult children so they can pay rent? Half of us parents with grown kids give them regular help with not just rent but groceries, cell phones, health care, car payments, coughing up an average of almost 1500 dollars a month. Beats the hell out of my allowance as a kid. You thought you raised a couple of young adults? No, you raised a subscription service that automatically renews. …
Real Time with Bill Maher · · from the transcriptPost →What we found
Contradicts. The official Census Bureau SIPP data shows $26.6 billion given to 3.7 million adult children by 2.6 million parents in 2024, roughly $850 per supporting parent per month on average, and a median annual amount of only $4,725 (about $390 per month).[1][2]
Contradicts. AARP found 75% of parents help adult children with average annual contributions of about $7,000, roughly $580 per month, well below $1,500.[3][4][5]
Supports. Savings.com data, as reported by Yahoo Finance (Sept 17, 2026), says half of American parents with adult kids provide regular support averaging $1,474 per month, close to 'almost 1500'.[4]
Supports. Turnto10 (Jan 2026) reports a survey finding parents spend an average of almost $1,500 a month on adult children, though this appears to draw on the same kind of survey data rather than an independent record.[6]
Context. Other surveys use different measures and populations, such as LendingTree's 71% share of parents who have supported an adult child and VoucherCodes' UK figure of £363 per month, so the monthly figure depends heavily on the survey definition.[7][8]
Sources
8 sources: 2 primary, 1 tier 2, 5 not rated
- 1Parental Financial Support Does Not End When Children Grow Up ...census.gov · primary source · cited for: contradicts
- 2Parental Financial Support Does Not End When Children Grow Up, Even After They Move Outcdn.www.census.gov · primary source · cited for: contradicts
- 3Amid cost-of-living stress, many parents are supporting children well into adulthoodnpr.org · tier 2 · cited for: contradicts
- 4It's costing you up to $18,000 to have your adult kid live at home ...finance.yahoo.com · not rated · cited for: contradicts, supports
- 5Amid cost of living stress, many parents are supporting ...lpm.org · not rated · cited for: contradicts
- 6Experts advise setting financial boundaries as parents ...turnto10.com · not rated · cited for: supports
- 7Most parents support their grown kids financially, survey reveals: Here's how muchfox13news.com · not rated · cited for: context
- 8New research finds that parents are still supporting their adult kids' financessubscription.thestar.com.my · not rated · cited for: context
Where this claim was made
Said in 1 published post
Related claims
- Half of parents with grown children provide regular financial help for rent, groceries, cell phones, health care, or car payments.True
- Almost half of young adults in the United States live with their parents.Mixed
- A quarter of millennial homeowners received help with their down payment from their parents.True
- Some university students borrow $150,000 to obtain a degree in sociology.True