June 29, 2018: Seventeen percent of millennials receive financial support from their parents. That figure includes 21 percent of female millennials and 11 percent, of males.
An equal number, 17 percent, were financially cut off when they moved out of their parents' homes. Fifteen percent were cut off when they finished college, 14 percent when they got their first real job, and 11 pelrcent when they finished high school.
An earlier Number of the Day showed that the average Millennial expects to retire at age 56.
- TD Ameritrade, "2018 Millennials and Money Survey," accessed June 18, 2018.
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.
Scott Rasmussen is founder and president of the Rasmussen Media Group. He is the author of "Mad as Hell: How the Tea Party Movement Is Fundamentally Remaking Our Two-Party System," "In Search of Self-Governance," and "The People’s Money: How Voters Will Balance the Budget and Eliminate the Federal Debt." Read more reports from Scott Rasmussen — Click Here Now.
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