Gen Z is Holding Off on Marriage
Financial instability sucks. Feeling broke, and unable to achieve “the American Dream” is really depressing. But if there’s one silver lining, it’s that young adults are putting off marriage and kids until they are both financially and emotionally ready.
Some 86% of Gen Z interns think a recession is coming, according to Goldman Sachs’ 2022 global internship survey of more than 2,470 interns over the summer, and many are working to recession-proof their future careers.
Some are reconsidering big life milestones, too: In 2021, 88% of Goldman Sachs interns said they expected to get married or establish a formal relationship in the next 10 years. Among the intern class of 2022, that expectation plummeted to just 45%.
Meanwhile, 60% of interns last year had expectations to get a pet and 57% believed they’d have children in in the next decade. By the intern class of 2022, those expectations dropped to just 31% planning to get a pet and 25% expecting to become parents.
Hey Gen Z — you’re always welcome on OBC – and psst, we won’t drain your bank account!