- 3 years ago
Are your kids moving back in because they can’t find a job? Have college debt? Not ready to leave home? A recent New York Time Magazine article revealed one out of five young people in their 20s or early 30s are back living with their parents. 60 percent are receiving financial support from their parents. Compare that to a generation ago, when one in ten young adults moved back home and even fewer received financial support. Often called the Boomerang Generation, Millennials are facing a number of obstacles in their efforts to launch independent lives.