Adverse childhood experiences are associated with much lower retirement wealth, even after controlling for parental education and income.

Evidence

How Is Retirement Wealth Affected by Adverse Childhood Experiences? (Center for Retirement Research at Boston College)

Categorization

• corroborated: 2 independent passages support this claim
• XREF: connects to: Personal financial decisions reflect deeper emotional struggles. — Hamlin Garland Munseys, A Daughter of the Middle Border, 611; Greater adverse childhood experiences and childhood trauma were positively correlated with impulsive spending. — Does Childhood Trauma Predict Impulsive Spending in Later Life?; Childhood financial instability is a particularly potent source of financial trauma, shaping money beliefs and behaviors into adulthood. — How Poverty and Financial Hardship Leave Psychological Scars (2026) (+1 more)

Related

• Greater adverse childhood experiences and childhood trauma were positively correlated with impulsive spending. (similarity 0.82)
• Childhood financial instability is a particularly potent source of financial trauma, shaping money beliefs and behaviors into adulthood. (similarity 0.80)

Library Connections

• Extreme misfortune can have cascading negative effects on families. #exemplifies (0.85) — Crews, Harry, A childhood the biography of a place, 21