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.
Seems like almost every policy I’ve seen treats the symptoms and not the disease.
It’s more profitable for shareholders that way.