… that 65 year old adult generally brings resources in terms of Social Security and Medicare on net costs are slightly higher than than resources and the. So we find that 56% of people in three generation households do not have all the resources they need to meet their true cost of economic security. We talked about student debt. We wanted to look at families that have student debt. So we looked at families with kids that have student debt and we see that the average annual payment that people have to make towards student debt is $2,000. (20:10–20:20)
CLAIM
Asserts that 56% of people in three-generation households lack resources for economic security.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
