A majority — or 53% — of Gen X parents who are worried their child may need financial support well into adulthood, according to a U.S. Bank survey of around 2,500 adults released earlier this year. Gen X is a "sandwich" generation, facing the financial pressures of simultaneously supporting parents in retirement and kids as they come of age. Instead, he's noticed a mindset among Gen X of being ready to roll with any unexpected punches. "It's not just all doom and gloom for Gen X," he said. Gen X parents aren't necessarily concerned that they'll be in the hook for their kids' poor financial choices.

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Persons: Natalia Gdovskaia, Adinah Caro, Greene, she's, Caro, Greene isn't, Gen X, Gen, Tom Thiegs, they've, Thiegs, he's, It's, There's, we'll, aren't Organizations: Business, U.S . Bank, Private Capital Management, Social Security, Medicare