Changes in the parental bond and the well-being of adolescents and young adults were investigated in this longitudinal study among Dutch youngsters aged 12 to 24 years (their ages ranged from 15 to 27 years when they were assessed for the second time three years later, and from 18 to 30 years when assessed for the third time). A total of 1,078 adolescents/young adults (459 males and 619 females) participated. We found a curvilinear pattern in the bond between daughters and their parents. For most of the boys, there was a deterioration in the parental bond during the transition from early to midadolescence, which does not subsequently improve. The general conclusion, however, is that adolescents and young adults maintain a rather good and reasonably stable relationship with their parents. Parents prove to be of lasting importance for the well-being of their growing children. For adult children, the parental bond appears to be as important for their well-being as having a partner or a best friend.