CHICAGO — Faced with either moving in with family or spending money that should go toward retirement, Chicagoans would rather be on their own.
Merrill Edge, a personal investing arm of Bank of America, surveyed people nationwide about their feelings on debt and saving retirement. The survey talked to 1,001 people nationwide — as well as 300 Chicagoans.
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In the survey, 46 percent of Chicagoans say they wouldn't consider moving in with family or friends in order to save money for retirement.
That's actually less than the 54 percent of people who said the same thing nationwide.
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The survey also explores why millennials have gotten into debt, and what they think is worth going into debt for.
Chicagoan are less likely than all Americans to say it's worth taking on debt for education. They are also more likely to have actually gone into debt for education.
Here are the Chicago results:
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