Number Of Teens Expecting To Depend On Parents Into Adulthood Has Doubled Since 2011
March 30th, 2013Via: Consumerist:
In what could be an indicator of either a massive drop in teens’ financial prospects or the fact that teens today are getting more realistic about their financial futures, a new survey shows that the percentage of teenagers who expect to remain dependent on mom and/or dad until at least age 27 has doubled in just the last two years.
In 2011, only 12% of respondents to the Junior Achievement Teens and Personal Finance Survey said they would probably be financially dependent on a parent or guardian until the age of 27. According to the newly released 2013 survey [PDF], that rate now stands at 25%. Meanwhile, those who are completely unsure of when or if they will ever be dependent has jumped from 1% in 2011 to 11% in 2013.
