Parents' Retirement Threatened as High Costs Drive Adult Children Home, Thrivent's Annual Boomerang Kids Survey Shows

Home News PR Newswire Parents' Retirement Threatened as High Costs Drive Adult Children Home, Thrivent's Annual Boomerang Kids Survey Shows Provided by PR Newswire Apr 30, 2025 9:59amParents' Retirement Threatened as High Costs Drive Adult Children Home, Thrivent's Annual Boomerang Kids Survey ShowsPR NewswireMINNEAPOLIS, April 30, 2025Home Again: 46% of parents report adult children aged 18-35 moving back home; continues trend seen in previous Thrivent surveys.Risking Retirement: 38% of Boomerang parents say long-term financial goals, like retirement, have been impacted by their children living at home. Silent Struggle: 60% of young adults say their parents have not discussed the financial impact of supporting them a second time.MINNEAPOLIS, April 30, 2025 /PRNewswire/ -- Economic pressures continue to force young adults back home, according toThrivent's fourth annual Boomerang Kids Survey. Despite a tough economic climate, parents are now more likely than ever to provide temporary fi...