One-third of parents believe kids will live at home until their mid-thirties

A new survey from Skandia shows that while the majority of parents hope their children will be able to go to university, own a home, and become financially independent, more than a third admitted it was likely their children would be living at home until their mid-thirties

Michelle Cracknell, strategy director at Skandia, said

While most parents hope their children will be financially comfortable in adult life, it is clear that many parents see adult life starting when their children are in their late 30s.

Source: The Press Association