42% of adults rely on their parents for financial support
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Re: 42% of adults rely on their parents for financial support
#2This article is shilling some courseware for CNBC FYI.
Re: 42% of adults rely on their parents for financial support
#3I think the word "rely" is doing some heavy lifting here. Still being on your parent's family phone plan doesnt mean youd be destitute if they werent helping you out.
Re: 42% of adults rely on their parents for financial support
#4> A large portion of U.S. adults are making ends meet with help from their parents.
Re: 42% of adults rely on their parents for financial support
#5I may have ended up that way if I hadn’t gotten into software as a teenager. Luckily a did and the timing was right for me to make some sort of decent career out of it.
I did live independently prior to going into software, but it sucked and was fragile and likely would have fallen apart long term. I also doubt I could find a similar living situation as a young man with no credit or much money to his name. Even the mom and pop landlords use management companies that run you through a black box for approval/rejection with little room for negotiation.
Re: 42% of adults rely on their parents for financial support
#6[dead]
Re: 42% of adults rely on their parents for financial support
#7I think the word "rely" is doing some heavy lifting here. Still being on your parent's family phone plan doesnt mean youd be destitute if they werent helping you out.
I went to the source[1] referenced by the article and found the exact question. It took about 90 seconds.
"How financially independent you currently feel from your parents (meaning you could support yourself without them if needed)"
1: https://news.northwesternmutual.com/planning-and-progress-st...
Re: 42% of adults rely on their parents for financial support
#8The parallels between the Great Depression and the conditions now are worrisome.
Re: 42% of adults rely on their parents for financial support
#9Whenever I see a claim that "x% of adults do y", my brain goes:
- "x% of what? what is the denominator?". Without that number, the claim is meaningless. - surely it cannot be the entire population, so it has to be a survey. - how many people participated in the survey? what was the distribution?
Here is that info for this study. I found this in the PDF version of the study report [0] referred to at the end of the Northwestern page [1].
> Methodology The Harris Poll conducted a total of 4,375 online interviews among the general U.S. adult (18+) population between January 5th and January 21st, 2026. Included in this overall total is a sample of 816 High-Net-Worth individuals (those with total household investable assets, excluding pensions, retirement plans and property, greater than $1,000,000).
[0] https://filecache.mediaroom.com/mr5mr_nwmutual/179168/2026%2...
[1] https://news.northwesternmutual.com/planning-and-progress-st...
Re: 42% of adults rely on their parents for financial support
#1033% of GenX is still depending on their parents? That's shocking... I'm at the young end of GenX at 49yo. So, a slice of the population that is fast approaching retirement age is still reliant on their septuagenarian or octogenarian parents for money? Wow.