More than half (54 percent) of young people about to graduate from college plan to move back home to live with their parents, according to a new report from Apartment Guide.
It's perfectly normal and no cause for embarrassment. Instead of being disappointed with your living situation, try to cultivate a sense of gratitude for it. Consider how much worse off you'd be if you were fresh out of college with no steady job, substantial student loan debt, and no place to stay.
The younger generation say it's acceptable for adults to live with their parents for up to five years after college. Parents 55 and older think just three years is acceptable.
Money won't be as much of an added stress.
When living at home right after college, you'll be able to focus on getting yourself financially stable and getting your money priorities in check. ... Start paying them off when you start earning some money. Be smart with your money.
Estimated 17.8% of Adults Ages 25 to 34 Lived in Their Parents' Household Last Year. A Pew Research Center report based on data from the monthly Current Population Survey (CPS) showed that nearly half of 18- to 29-year-olds in the United States were living with one or both of their parents in March 2020.
Many commentators agreed that 25 - 26 is an appropriate age to move out of the house if you are still living with your parents. The main reason for this acceptance is that it's a good way to save money but if you're not worried about money you may want to consider moving out sooner.
By age 27, 90 percent of young adults in the NLSY97 had moved out of their parents' homes at least once for a period of 3 months or longer. The median age at the time of moving out was about 19 years. (See figure 1.)
...
Moving out.
| Characteristic | Moved out at least once |
|---|---|
| Housing owned | |
| No | 87.3 |
| Yes | 92.1 |
| Parent figures in household |
How To Handle Living At Home After Graduation
Where to Live After Graduation
It's safe to say that adults older than 30 should not be living at home with their parents unless they are caring for parents with declining health. By the time someone is 30, they should have had enough time to secure a job and save up enough to move out.
There's now less stigma around living with your parents into your 20s, according to a new survey from TD Ameritrade. Yet younger generations and parents agree: Age 28 is when it starts to get embarrassing.
Dating while living at home might sound like the worst thing in the world, but it can actually be a nice opportunity for your family and your partner to get to know each other. As long as you act maturely, your parents should treat you like the adult that you are.
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