Gen Z think that they truly become adults at 27-years-old. A study by Life Happens explored how different gens define the “life milestones” that signify adulthood, revealing that turning 18-years-old doesn’t mean as much anymore. Instead, more than half of Gen Z (56%) consider the ability to pay one’s own bills a key marker, while 45% say being financially independent, and 38% say it’s when they can “put responsibilities over fun.” But for a lot of Gen Z, achieving the financial stability they associate with adulthood feels out of reach—and 40% of all respondents, regardless of generation, expressed doubts about ever attaining financial stability. They also largely agree that being an adult today is harder than 30 years ago, as Gen Z struggles to afford “adult” purchases like homes or even contribute to retirement savings accounts. (Fortune)
📊 YPulse data: 51% of 18-24-year-olds agree, “I consider myself financially stable”
