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Is your adult child still a dependent?

  • Know This Now
  • Jun 1, 2016
  • 1 min read

It's no secret that there's a new dynamic within many households around the country. It's now not so unusual to have a college-educated twenty-something sharing quarters with mom and dad as the only means to support an acceptable lifestyle for the boarder. Is this okay?

A large percentage of the world enjoy the benefits of extended family living situations -- there's someone around to look after grandma, there are built-in babysitters for the kids and there are economies of scale by having a fuller house.

But the situation in the U.S. is different. More often the added family member is single, underemployed and incapable of moving out without a degree of pain.

Let's look at this a bit more closely: Millennials at home

 
 
 

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