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Millennials are three times more likely to receive financial help from their parents than Boomers did when becoming independent.

Apr 23 2015

Millennials are three times more likely to receive financial help from their parents than Boomers did when becoming independent. According to a USA TODAY and Bank of America Survey, 36% of 18-34-year-olds say they got a lot of financial help from their parents when starting out, and 40% report that they still get money from their parents. Both generations agree that Millennials face more financial obstacles than young people once did. (USA TODAY)