Let’s face it: Millennials face an unusually expensive cost of living compared to past generations. Up against a set of challenging economic conditions, there’s a heck of a lot to sort out.
But here’s the question: has this economic curveball led to well-adjusted and thriving young adults, or a cohort of Americans struggling for financial independence?
We went ahead and asked 1,000 millennials about the state of their financial independence, and we’ve got some pretty interesting results to share.
The good news: Millennials most definitely have high hopes for the future.
The bad news: So far at least – an insatiable appetite for financial success has slipped through their fingers.
The proof is in the pudding: millennials are becoming independent much later in life than their parents or grandparents.