Millennials are moving back home and staying there longer. Relying on parents is more practical for today’s young adults because we stay in school longer and don’t have dependents of our own yet. Millennials make less and have different goals. This lifestyle is the result of the millennial goal of self-fulfillment.
Rather than prioritizing stability or starting a family, millennials first desire to establish careers that make them happy. That’s not to say that millennials aren’t making money or starting families, we’re just doing it later than previous generations.