5 great money gifts to help your adult children build savings

4 min read

Helping grown children or other family members afford retirement is a generous gift.

At a time when pensions have all but disappeared and most people are dependent on savings for a comfortable retirement, giving money to jumpstart or fatten a retirement nest egg is more than just good-hearted. It can spell the difference between surviving and thriving for many young and not-so-young struggling people.

Here are five cash gift ideas that can help your family members retire. You may also want to minimize their ability to divert the money for something else.