“42% of adults rely on their parents for financial support—there are no ‘bad guys’ here, says financial therapist”

“Forty-two percent of Americans say they rely on the previous generation for financial support, according to Northwestern Mutual’s 2026 Planning & Progress Study. That figure includes 72% of Gen Zers, more than half of millennials and one-third of Generation X…”

https://www.cnbc.com/2026/07/16/42percent-of-adults-rely-on-their-parents-for-financial-supportthere-are-no-bad-guys-here-says-financial-therapist.html

These figures never seem to improve by the way. They always get worse and worse. This is not a good long term trend.