Millennials have it tough, what with low-paying jobs, high-level student debt, and an inability to save a whole lot for retirement—or anything else, for that matter.

But many are having such a tough time, moneywise, that they’re back home living with their parents—or never left at all.

The problem with that is, while millennials are saving money by coming, or staying, home to roost, they’re not just cutting their expenses, they’re probably raising their parents’ expenses too—perhaps to the point of endangering the older generation’s retirement.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.