Prior literature highlights that children of incarcerated parents are more likely to endure negative life outcomes. Yet, this discussion is mainly centered on the immediate impacts of parental incarceration during childhood and adolescent years, with less focus on the longer-term consequences as these children emerge into adulthood. This study examined how young adults interpreted their experience of parental incarceration. Semi-structured interviews were conducted with 19 young adults to understand their interpretations of parental incarceration as a turning point in specific transitions to adulthood: education and employment, intimate relationships, living independently, and parenthood. Findings demonstrate that, for some respondents, this experience created negative turning points, for example, by limiting their academic opportunities due to financial strain or a lack of support, hindering their trust in romantic partners, keeping them from living independently due to feelings of responsibility for the remaining parent, or by creating a fear of repeating the cycle with their own children. For other respondents, this experience created positive impacts on their lives because it provided a motivational push towards acquiring an education, accelerated them into becoming independent, or encouraged their desire to become a good parent and provide stability for their own children. There were also respondents who believed that the experience had no effects on certain life domains. These findings add to the growing body of research by providing support that parental incarceration can influence avenues for success and alter navigations into emerging adulthood.