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.

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

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
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.