Millennial and mom watching TV Despite feeling like an adult at an early age, one in three (38 percent) of young adults don’t believe they should have complete financial independence until 25 or later. (Photo: Shutterstock)

You raise them, you send them off to school, they graduate and now, seemingly more than ever, they want more. According to a COUNTRY Financial Security Index, more than half (53 percent) of Americans aged 21 to 37 receive some kind of financial help from a parent, guardian or family member.

On top of that, more than a third of this group receive money on a monthly basis, and 59 percent get money about twice a year. The money is used for a broad range of things from everyday needs such as phone bills and groceries to rent and health insurance.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.