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Many baby boomers jeopardize their retirement by doing this

According to recent data from Legal & General, a multinational financial services company, found one in five U.S. homeowners received a gift or a loan from a friend or family member to buy their home. Seventy-two percent of the lending coming from the parents with the average of $39,000 given either as a gift or an interest-free loan. But at what cost to the parents? Read article here…

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