Summary
38% of Gen Z adults, under 27, report experiencing a “midlife crisis” due to financial instability, mental health struggles, and career uncertainty.
Financial stress, cited by 30%, stems from rising living costs, stagnant wages, and unattainable milestones like homeownership.
Mental health challenges and career difficulties further compound the crisis. Many turn to “doom-spending” on non-essentials for escapism, worsening financial pressures.
Experts urge older generations to provide practical financial guidance to empower Gen Z and help them achieve long-term stability and growth.
You cant fight a systemic problem with a personal solution in the long term.
I can go to my psychiatrist for as long as I want, but that wont stop climate change from being real, the owning class from exploiting me or fascicsm from wanting to end my life.
I dont need therapy, but CEOs rotting in solitary confinement for their crimes against humanity and this planet.