Posted on 05/18/2019 3:53:35 PM PDT by GuavaCheesePuff
More millennial men are choosing to live with their parents compared to previous generations, according to an analysis by J.P. Morgan.
Using Census microdata, the banks researchers found that the millennial generation which is far from monolithic and is broken down into early, middle and late stages has been reaching lifecycle milestones later in life than prior generations, and in particular, has been moving into their own households at a slower pace than their predecessors.
The difference in behavior compared to Baby Boomers and Gen Xers is most pronounced with middle millennial men (born between 1986 and 1990) and is deepened with late millennials (born 1991 to 1995).
(Excerpt) Read more at yahoo.com ...
Get a second job.
It must’ve been great to be able to retire at 62. Congrats to you! You must’ve planned well.
Well, in historical even Biblical context, the fanmily often stuck together across generations. The ‘nuclear family’ with (the ideal) of kids being independent to some degree ASAP is a much more modern thing.
I moved out at 15, the get the hell away. This was entirely OK with my parents as dad had lied about his age to join the Army in War One and mom left Indiana for Hollywood 41 (pops was 22 years older), so me getting out of there was ‘normal’. One generation should learn from and then take care of the next, and vice versa.
Then life happened. I had a cool situation with good roommates and a hot girlfriend but I moved back in at 17 because dad had a severe stroke and that’s what you do as family.
When I was 17 I got my Mother to sign off the enlistment documents and joined the Marine Corps.
5 years, 3 tours, and never regretted one minute of it.
Only got out because Stateside duty was boring as hell.
Thanks. Lived below my means, maxed out the 401-K contributions, and went in debt-free.
Since when did it become a good idea for families not to live together ? Oh yeah thats right it was the entitlement boomers. If my kids arent married then they are more than welcome to live here. I could use the help. We can all save some $ and enjoy being a family. It used to be 3 generations lived together. We didnt have 1.6 people per house.
This is just stupid. There are many metrics of success. Over indulgence isnt one of them.
My kids 3 in the range of (22-26) all live together but not with me. I honestly wish they moved home.
I decided to retire at 60 (before I decided that I would have to kill about 3% of my employees), I purchased my retirement home when I was still in my 50’s.
Small farm (20 acres) in the boondocks, 87 miles to the nearest town over 1100 people.
Work harder now than I ever did when I was employed.
Love every minute of it.
My Grandson graduated from High School today. He has a very loving relationship with his parents and siblings. He also rented and is moving into an apartment today. He has a full time job and is heading to JUCO.
I said a young man, ain’t got nothing in the world these days.
I moved to the land of horses and golf courses.
It doesn’t really matter where I live, though,
because I’m such a couch potato, outside is
just a concept. ;)
I tell my kids if you stay with us, you’re paying rent.
Actually it’s not a bad idea as it keeps the wealth inside the family, better that than paying rent to some other family.
And I also expect them to sock away at least $200 per month into savings, money saved in your early 20s makes a huge difference when it comes to what you’ll have at retirement.
I, too, agree that living at home isn't a great long-run option (in the short-run economics may necessitate such a move). Furthermore, many of the Millenials I know are out of the basement. I also tend to know more Deplorable Millenials so that may be part of the reason.
While the military can certainly instill many things in a man that wouldn't be instilled otherwise (my Dad attested to that), I also think many guys who thrive in the military had the right stuff with which to begin. Putting Pajama Boy in the military likely wouldn't correct him. What I do think is a good 'lighter' option is to get youngsters into the Boy Scouts....yea, yea, I know, they've gone lefty blah blah blah. I haven't seen that and good troops CAN be found, and rarely do I meet an adult who was an active Scout who wasn't an upstanding adult.
The media continue to point out a "declining male enrollment in college," but that statistic seems misleading, without any context.
Sure, at most colleges, around 60% of the students are female. But, the higher-paying STEM schools/majors are still dominated by men.
(There's nothing wrong with men and women choosing different majors. Just saying the total percentage of male vs. female college students doesn't tell us the whole story.)
"hiring preference for women and minorities, etc."
This article was about all millennial men. It didn't break the numbers down by race.
For generations, young men lived with their families until they married. Maybe the 20-something guys living with their parents today are being smart with their money. If they're commuting to college and avoiding college debt, that's smart. If they're working and saving their money, that's smart.
But every adult female living with their parents, she gets no shaming and shes a “real woman”?
“They also serve who only stand and wait.” - John Milton, 1652. He was totally blind by then.
Sounds like my cousins. They were born in the early 1960s, got soy formula exclusively but they are huge, rugged alpha males. Affluent and hard-working too. I am told soy formula was all the rage when my aunt was bearing children. Me, I was born in the '90s, got strictly mother's milk and I'm a runt, all of sixty inches high and about 90 pounds. Fortunately I have two x-chroms to hide behind. :)
Anyway, we all started at 8 pounds or better at birth so I can't say the early diet makes any difference in the outcome.
They don’t live with their “parents”. That’s a lie.
They live with mom.
Dad would have thrown their lazy ass out the door 10 years ago.
Agreed. I never rushed my kids out, either. Moving out can happen in steps. I tell them to first focus on job training - college or trade school. Then buy a car. Then move out. But, above all, avoid debt and save money.
“They are doing much better now but definitely had some lean years after they left. “
As did all of us before them.
Let me testify.
Plus I tell my kids that when we are done working, we are moving into THEIR house, so they’d better get a nice job so they can afford a big house. ;)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.