Midlife crises? It's the twentysomethings who are stressed
FORGET MIDLIFE CRISES, it’s the twentysomethings who are under pressure and stressed out in modern life.
A study of attitudes across generations has revealed that emotional and financial crises are more likely to affect young adults than their parents.
Thanks to soaring property prices, the ‘baby boomers’ are enjoying financial security and a stress-free life, while the younger generation are struggling to get on the property ladder as market prices have risen 204% in the last decade.
The survey for Saga Health Insurance, carried out on 2,231 men and women by YouGov, found that while four out of five people over 50 did not feel under financial pressure, only 8% of 18-24-year-olds were that carefree.
And with average student debts topping £15,000, time spent worrying about money has overtaken thoughts of marriage – only a third of women say they feel the pressure to make the commitment, as having a successful career is deemed more important.
Andrew Goodsell, chief executive of Saga Group, told the Daily Mail: ‘It’s well documented that many of today’s baby-boomers have never had it so good, particularly with their finances, thanks to soaring property prices.
‘This study clearly shows that they are also the most relaxed and dispels the view that many have a mid-life crisis when they reach their fifties.’