Burdened by teenage kids and elderly parents, it´s grim for `parent-sioners´
(The Guardian Money News)

Financial woes are making people delay having children and getting on the property ladderThere will be an astonishing increase over the next decade in the number of people in their 60s who have children that are not yet 18. New research suggests that in just 10 years there will be 1 million such UK `parent-sioners`, compared to 400,000 today. While no one should question the ability of someone in their 60s to care for teenagers, the financial consequences are impossible to ignore.The rise of the parent-sioner is inevitable given how many women are having children in their 40s. Last year the birth rate among women aged 40 and above surpassed that of women aged under 20 for the first time since 1947, according to the Office for National Statistics. Births to the 40-plus have more than trebled since 1981. Continue reading...