72% of Gen Z still gets financial help from parents—WHAT'S GOING ON?

A growing share of American adults are still relying on their parents for financial support, as persistent affordability pressures reshape everything from when younger generations become financially independent to where families and businesses choose to live.

A new Northwestern Mutual study found 42% of American adults receive some form of financial help from their parents, including 72% of Gen Z and more than half of millennials.

Speaking with The National News Desk, former White House economic adviser Steve Moore said receiving some assistance from parents while starting out is nothing new, but expressed concern about younger Americans remaining financially dependent for longer periods.

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