Millennials Forge Own Path – with Help


Millennials aren’t following in the footsteps of their parents or their grandparents, forging instead a life that doesn’t involve marriage, buying a house, or the pitter patter of little children in the hallway. Those between 20-40 years of age, an approximation that changes depending on the analyst, are marrying much later, more than half still not having made that trip down the aisle, according to a Pew Research study. 53% of Gen X had married by a comparable age; 61% of Boomers and 81% of the Silent Generation, those now 75-95. They cohabitate at a greater rate than Gen X did. 55% of millennial women have had a child, compared to 62% of Gen X, and 64% of Boomers, and given that statistic it’s no surprise that 55% live in a domestic situation involved a spouse with a child. 14% are living at home with a parent, and another 14% are living with another family member.

You can read the complete survey results from Pew Research here.


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