The quote is based on a UBS Investor survey of "affluent and high net worth" investors [1]. And the milleniums surveyed have 6 figure incomes. So a far from the

The quote is based on a UBS Investor survey of "affluent and high net worth" investors [1]. And the milleniums surveyed have 6 figure incomes. So a far from the average. The actual break down of the top assistance assistance categories are Health Insurance, Buying/Renting, Auto Instance, and Utilities, so bills. The insurances are probably from being on their parents' plans. This is pretty consistent with what I hear from people I know. Their parents aren't paying for everything, but they do take care of 1 or 2 of their bills for their children. [1] https://www.ubs.com/content/dam/ubs/microsites/ubs-investor-watch/documents/investor-watch-the-ties-that-bind-2Q2016.pdf https://www.ubs.com/content/dam/ubs/microsites/ubs-investor-...