1. Buying a Single-Family Home in Early Adulthood

For many Boomers, purchasing a single-family home in their 20s was a realistic goal. Home prices were more closely aligned with average incomes, making ownership accessible right out of college. Today, Millennials face skyrocketing housing costs and wages that haven’t kept pace. According to the Pew Research Center, the homeownership rate among young adults has dropped significantly, reflecting just how difficult it’s become to buy a first home in early adulthood.