Many parents are skeptical about the ability of teen-aged and young-adult children to support themselves.
Researchers at Hartford Financial Services Group, Hartford, report that 55% of U.S. parents with children ages 16 to 24 say they are concerned about whether their children can become financially independent.
About 72% of the parents said they are their children's main source of financial education, and 44% said they need help with the task of providing that education, Hartford says.
Hartford has developed a free guide for parents who are trying to each older children to manage their finances.
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