Generation Z believes that adulthood doesn't begin until age 27. More important than reaching a certain age, they say, is financial independence

The study, conducted by Talker Research for the non-profit Life Happens, focused on how today's young people perceive adulthood and its key milestones. The survey of 2,000 Americans of different generations revealed that for many members of Generation Z, adulthood doesn't begin until age 27.

For Generation Z, adulthood is associated not only with age, but also with specific life steps. For example, 45% of young people consider financial independence a key milestone, and 38% say adulthood means prioritizing responsibilities over fun. In addition, 46% of respondents associate this moment with moving away from home and 28% see it as an important step in getting their first job. Yet even after reaching these milestones, many members of the generation do not feel fully grown up.

Changing societal norms are therefore shifting the emphasis to personal milestones rather than specific ages. Adulthood is associated with independence and stability for young people, which may not have been so important before. Older generations often felt beholden to traditional patterns of life - getting married, buying their own home and having children in their twenties. Generation Z, however, is more focused on emotional stability, career fulfillment, and personal growth rather than accepting the role of "adult" by the old standards.

According to the survey, 72% of people across generations agree that today's conception of adulthood looks very different than in the past. Younger generations are often rejecting the traditional life path and taking more time to explore different options (whether it's living with parents longer, further education, or travel) before opting for a more stable life stage.

However, this extended transition to adulthood comes with its own challenges, especially when it comes to financial planning. Kevin Mayeux, CEO of the National Association of Insurance and Financial Advisors, pointed out that young people still often put off retirement and insurance planning, which can affect their long-term stability. Still, he adds, it's never too late to start taking these steps.

So while the definition of adulthood is constantly evolving, the underlying desire for independence, security and self-fulfilment remains the same - regardless of whether a person is 18 or 27.