A survey from TD Bank highlights increased concerns among parents in Atlantic Canada about their children’s financial future.

The survey indicates that 52 per cent of parents in the region expect to financially support their kids after they become adults, but 71 per cent aren’t confident in their ability to do so.

Also, 72 per cent of parents think their child will face greater financial challenges in life than they did, especially when it comes to major financial milestones.

Meranda Hamilton of TD Bank says the best advice she can give to parents who are worried is to speak with a financial expert.

She says they can help parents of young children come up with financial plans, and they can sit down with parents and their adult children to help them come up with budgets together.