How Gen Z and Young Millennials Are Redefining Life Stages, Markets and Retirement for Everyone
by Adam Felts
AgeLab Director Joseph Coughlin writes in Forbes on how the penchant of younger adults for living with their parents is altering the life course:
Living at home may crimp more than your love life — it may dramatically slow progress in finding a significant other, and everything else that follows. Living with mom and dad, by definition, delays forming a new household – and quite often having children.
The Harvard Joint Center for Housing Studies reports a steady decline since the great recession in household formation for people ages 25 to 34 years old. Likewise, as discussed in my previous article, birthrates are at a record low. In fact, women 35+ years old are the only cohort to show a modest increase in having children.
Read Dr. Coughlin's thoughts in full here.