Financial burdens and responsibilities for middle-aged Americans are increasing because of their aging parents and grown children who are struggling to achieve financial independence, Pew Research Center reported.

Almost half, 47 percent, of adults in their 40s and 50s have a parent age 65 or older and are either raising a young child or financially supporting a grown one. Additionally, 15 percent of adults are providing financial support to both an aging parent and a child.

However, the study found that the burden is coming primarily from grown children who cannot achieve financial independence; 48 percent of adults in that age group provided financial support to a grown child in the past year, with 27 percent providing the primary support. Those percentages are up significantly from 2005.