Two-thirds of parents say their adult Gen Z kids still rely on them financially for support—even though it’s putting them under strain

64% of parents with Gen Z children (18-28) provide financial support, causing strain for 56% of parents. Support covers essentials like housing and living expenses, not luxuries, as Gen Z faces job market challenges and high costs. Parents are transferring wealth earlier to help children prepare financially, driven by a desire to avoid the 'big inheritance movement' they experienced later in life.