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Millennials are turning into their boomer parents

Millennials are turning into their boomer parents


Published on 2025-01-09 12:11:31 - AOL
  Print publication without navigation

  • Millennials said they'd never be like their baby boomer parents. But from their wealth to their suburban homes, they're not that different.

The article from AOL discusses how Millennials are increasingly turning to their Boomer parents for financial support due to economic challenges like high living costs, student loan debts, and stagnant wages. It highlights a trend where adult children are moving back home or receiving financial help from their parents, which has led to a new dynamic in family relationships. This support ranges from covering living expenses to helping with down payments on homes. The article also touches on the emotional and social implications of this dependency, with some Millennials feeling embarrassed or infantilized, while others see it as a pragmatic solution to modern economic pressures. Additionally, it notes that this trend might be reshaping traditional expectations of financial independence and adulthood, with some parents viewing the support as an investment in their children's future.

Read the Full AOL Article at:
[ https://www.aol.com/millennials-turning-boomer-parents-090701986.html ]
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