The parents of Millennials are members of the Baby Boomer generation. Millennials are the group of people born after 1980 and into the mid-2000s. Baby Boomers are the people born between 1946, nine months after the end of World War II, and 1964, according to History.com. By 1964, Baby Boomers made up about 40 percent of the United States population.Continue Reading
According to Time, there is a co-dependent relationship between Millennials and their Baby Boomer parents. Millennials tend to live longer at home with their parents or accept financial support from them. Millennials tend to have a belief in finding a perfect job rather than fitting into the conservative corporate structure their parents built. Studies also have shown that Baby Boomer parents are more likely to want to provide support to their Millennial children or have them live at home until adulthood.
Baby Boomer parents and their Millennial children also have a closer parent-child relationship than that between previous generations, according to NPR. It's more common for parents to hear from their adult children several times per week where in the past parents spoke to their adult children about once a week. The same study showed that Baby Boomers tend to be extremely protective of their children.Learn more about Population & Demography