America's Declaration of "In Dependence": More Than Half of Millennials and One-Third of Gen X Still Feel Financially Dependent on their Parents

While the nation approaches its 250th anniversary of independence, true financial independence remains out of reach for a significant portion of Americans. Currently, 42% of adults still rely on their parents for financial support – including more than half of Millennials and a third of Gen X. Most concerning of all, one in five U.S. adults believes they will never achieve financial independence.