"For past generations, a midlife crisis followed a familiar blueprint: graduate college, climb the career ladder, get married, have kids, then-somewhere between roughly 40 and 60-confront mortality and blow it all up for a red sports car or a younger trophy partner. That is not the case for millennials, many of whom missed those milestones due to economic and social upheaval during their formative years."
"In fact, according to a 2024 study from mental health platform Thriving Center of Psychology, 81% of millennials polled said they couldn't "afford" to have a midlife crisis. "Can you imagine having a midlife crisis while owning your home, easily paying all your bills, and saving for retirement?" one user commented on Mancusi's post. "Like what?" Mancusi suggests there's another reason at play."
Many millennials are entering their forties, aligning with the typical age for a midlife crisis but lacking the traditional prior milestones. Past generations often pursued college, career advancement, marriage, and children before encountering midlife upheaval and pursuing dramatic changes. Economic and social upheaval during millennials' formative years led many to miss those milestones. A 2024 Thriving Center of Psychology study found 81% of millennials polled said they could not afford a midlife crisis. Public commentary noted the difficulty of experiencing classic midlife-extravagance while managing homeownership, bills, and retirement savings.
Read at Fast Company
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