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Reply to "This an outlier for kids moving out"
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[quote=Anonymous] I notice on here there is this obsession with how young adults are losers if they don't live away from parents. My definition of a loser is someone horrible to other people, unethical, irresponsible and entitled. A young person with a job building a savings is not a loser. My father lived at home for medical school and residency. My husband has a friend who lived with his parents through early 30s. He has saved and invested so much he could retire in his 50s, but enjoys he job and doesn't want to. He moved out into a townhouse and lives below his means. He still has a great relationship with his parents. I had several wealthy friends where the parents just subsidized their lifestyle to make them look more financially independent. So they owned condos, thank to mom and dad and could take fancy trips while having jobs that could not pay for all that. Is that somehow superior to living with parents if you get along and saving while helping around the house? I also knew people who right out of school (business school) worked as Ibankers and traders. They paid for everything and saved and needed nothing from parents. Two eventually got in trouble with the SEC for unethical activity though. Is this was DCUM hopes for their kids? Sure there are people who get lucrative jobs right out of college or not lucrative jobs and live with a bunch of roommates and save and that's great. The most important thing is that they are decent people.[/quote]
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