"Financial Dependence: The Prolonged Transition to Adulthood for Young Adults"

A Pew Research Center study explores the relationship between parents and their young adult children, finding that most parents are highly invested in their children's lives and feel proud and hopeful about their future. The study reveals that parents are very involved in their young adult children's lives, providing emotional and financial support, with mothers often being more connected than fathers. While most young adults are fine with their parents' level of involvement, they are reaching key milestones of adulthood later than previous generations, such as marriage and parenthood. Additionally, more young adults are living with their parents, with mixed impacts on their financial situation and independence.