Emily Irwin
Coverage of Emily Irwin in the Nexus archive.
- 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.
- 1 in 3 young adults were still living with their parents in 2025—that’s more than the during pandemic and they’re not even unemployed
In 2025, 25.2 million U.S. adults under 35 lived with their parents, representing one in three young adults, a record high driven by affordability crises and low wages rather than unemployment. Around 70% of employed young adults still living at home reported financial strain due to high housing costs and stagnant wages, with 64% of parents providing ongoing financial support to their Gen Z children.