Less than half of young adults are financially independent of their parents: Pew analysis ...Middle East

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Less than half of young adults are financially independent of their parents: Pew analysis
Story at a glance A new Pew Research Center analysis found that 45 percent of young adults are completely financially independent of their parents.   Adults between the ages of 18 and 24 years old were the most likely to be financially tied to their parents.   Just 67 percent of young adults in their early 30s said they were completely financially independent.   Many parents still haven’t cut the financial cord with their adult children.   A new Pew Research Center analysis found that 55 percent of 18- to 34-year-olds are not completely financially independent of their parents.   This differs by age, with young adults in their 30s the most lik

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