It seems that those under 30 will face a cost of living that's higher than anybody else. New research suggests that because they prize experience over things, they're paying more for it. How sympathetic should we be if they're spending their money on lattes and eating out rather than pensions? Winifred Robinson learns more about the research and the implications for the future standards of living of so-called "millennials".

First broadcast on You & Yours, 12 May 2016.