A quarter of young adults don’t plan to have kids, citing financial woes as fertility crisis escalates: Survey
Fox News
Nearly 50% of childless adults under 50 aren’t likely to become parents, which is up from 37% in 2018. One expert described the trend as "the problem of the 21st century."
In addition, 31% of Millennials and Gen Z respondents who said they don't plan on becoming parents attributed it to the state of the social and political world, according to the data. Over 40% of respondents said they couldn't have children at the expense of their financial freedom. Kendall Tietz is a writer with Fox News Digital.
"With today’s financial stressors, it is understandable why there is a growing trend among young adults to prioritize financial security over parenthood," Paul LaPiana, head of brand, product and affiliated distribution with MassMutual said of the data. "This shift reflects a broader understanding of the importance of financial stability and independence in achieving long-term goals that every generation must reckon with."
The news comes on the heels of data released by the Centers for Disease Control and Prevention (CDC), that showed the general fertility rate decreased 3% from 2022 to 2023. In addition, the number of births has declined 17% and the general fertility rate has declined 21% from 2007 to 2023.
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