Financing Retirement
Childhood homes are the new “first apartment.” Millennials came of age watching shows like “Friends” and “New Girl” that often featured 20- and 30-somethings living in their first apartments. The characters’ parents may visit and participate in the story lines, but the young adults are living independently. It doesn’t seem a coincidence to me that…
Recent media stories have attracted renewed attention to a rise in young adults living with their parents. Explanations range from the economic (e.g., rising housing costs) to the social (e.g., smart phones keeping kids more tethered to their parents)…
