Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 Page 76 Page 77 Page 78 Page 79 Page 80 Page 81 Page 82 Page 83 Page 84 Page 85 Page 86 Page 87 Page 88 Page 89 Page 90 Page 91 Page 92 Page 93 Page 94 Page 95 Page 96 Page 97 Page 98 Page 99 Page 100 Page 101 Page 102 Page 103 Page 104 Page 105 Page 106 Page 107 Page 108CHAPTER 4 79 FIG. 4-3 transfers to/from parents and their children, by age and marital status of parent: 2002 (Transfers include time, money, and co-residence) Neither Give Nor Receive Receive Only Give Only Give and Receive Age 64 and Under Ages 65-79 Age 80+ UNMARRIED MARRIED 33.0% 2.8% 40.8% 42.1% 20.5% 23.4% 1.2% 34.1% 22.0% 5.6% 16.3% 31.2% 28.0% 14.8% 2.9% 38.1% 28.4% 6.9% 13.6% 22.6% 36.9% 49.9% 42.1% 42.7% Note: Data may not sum to 100% due to rounding. multiple-child families, four out of five parents give equal inheritances to each child if there is no surviving spouse. Finally, the study found clear evidence that people in HRS households intend to spend a large portion of their savings during older age. On average, households of participants ages 70 to 74 will likely spend more than 60 percent of their current assets, leaving the remainder as bequests. Patterns of Intergenerational Transfers Intergenerational sharing, or transfers, can be grouped into three main categories: time, money, and co-residence. Figure 4-3 presents the overall pattern of transfers between HRS parents (unmarried versus married) and their children in 2002, that is, whether there are any exchanges and, if so, in which direction they flow. Sizable proportions of HRS parents—about one-third of married and 40 percent of unmarried partici- pants—neither give nor receive time, money or co-residence. Married parents, especially those over age 64, are more likely to give but not receive transfers.