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Millennials and Gen Z face a challenging 'financial landscape’ – as 42% of adults still rely on parents for money
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Millennials and Gen Z face a challenging 'financial landscape’ – as 42% of adults still rely on parents for money

Yahoo Finance · Jun 12, 2026, 5:35 PM

Key takeaways

  • Millennials and Gen Z face a challenging 'financial landscape’ – as 42% of adults still rely on parents for money Lisa F.
  • The 2026 Planning & Progress Study found that 42% of adults lean on parents for financial support — with 72% of Gen Z and 53% of Millennials topping the list (1).
  • Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion’

Millennials and Gen Z face a challenging 'financial landscape’ – as 42% of adults still rely on parents for money Lisa F. Young/Shutterstock Mike Crisolago Sat, June 13, 2026 at 12:35 AM GMT+7 6 min read Nearly half of U.S. adults say they’re still financially dependent on the bank of mom and dad, according to a Northwestern Mutual study — findings that the company’s chief strategy officer Jeff Sippel called “a massive wake-up call for America (1).”

The 2026 Planning & Progress Study found that 42% of adults lean on parents for financial support — with 72% of Gen Z and 53% of Millennials topping the list (1).

Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion’

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