Young Adults Optimistic About Financial Future Despite Current Money Struggles

Young adults are optimistic about their financial future despite current struggles with inflation, debt, and costs of living. 72% believe they'll be thriving in 5 years.

High costs of basic needs and rising inflation are the biggest obstacles to young adults' 5-year goals. Only 21% feel they are thriving financially now.

Many young adults grew up during the Great Recession and saw parents struggle, shaping their desire for financial security.

Nearly 80% handle finances without a financial planner, though over 40% plan to work with one someday.

Professional financial advice is becoming more accessible through lower-cost models tailored to young adults, which can help them build good financial habits.