Originally Posted by
Northern_Blitz
I don't know.
Maybe it's because people in our program and people at your work aren't randomly selected populations?
Maybe millenials are dramatically different and I just don't see it where I work?
Maybe it's because the GenX managers have different views on the importance of workplace morale than their Boomer predecessors?
Maybe it's because without pension plans companies have to look for other ways to retain workers?
I'd also argue that it's probably a reasonable financial decision to live at home with parents if all parties would be OK with it (though I never moved back home after I left for University). Although if my kids move back in with me after they start working, I'd charge them rent to teach them that they need to manage their money well. But, I'd probably put that rent in the SP500 and give at least a portion back to them when they bought their first house.
My guess is also that those 22 to 28 year olds probably have much more significant student loans than GenX'ers at the same age. If that's the case, it probably makes sense to pay those down before rushing out to get more debt (mortgage) or dramatically change their cash flow (rent).
I think you're probably right about higher anxiety / depression rates. Not sure what causes this either, but there are a bunch of hypotheses (e.g. coddled too much, more report because there's less stigma, etc).
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