Generation X is the most "financially squeezed" generation with 37 percent of those aged 35-54 saying they are ‘making ends meet’ and 19 percent admitting to "struggling", according to Brewin Dolphin’s bi-annual Family Wealth Report 2018.

Out of those aged 35-54 who are struggling, 70 percent worry about money all the time and a third (33 percent) sometimes go without to provide for the rest of the family.

The report, which provides insight into the financial opportunities for people to make the most of their money, suggests that millennials will redefine how wealth is shared between generations.

44 perc...