Navigating the Cost of a Midlife Crisis | Bernie Borges | Midlife Fulfilled Podcast
187

Ep 187 Navigating the Impact of a Midlife Crisis on Financial, Career, and Mental Health

I examine the cost of a midlife crisis for millennials compared to people in their 40s and 50s and offer strategies for navigating this challenging phase.

In this ‘On My Mind’ episode, I examine the cost of a midlife crisis, focusing on how millennials are affected, and comparing it with those in their forties and fifties. I highlight the potential long-term consequences and offer coping strategies for navigating this challenging phase. Three key points I cover are:

1️⃣ The Millennial Midlife Crisis
I begin by shedding light on the phenomenon of millennials experiencing a midlife crisis earlier than previous generations. Factors contributing to this include economic instability, student loan debt, delayed milestones like marriage and homeownership, and the pressures of social media and hustle culture.

2️⃣ Financial and Career Implications
I highlight the potential financial costs of a midlife crisis for millennials, such as impulsive job changes, major purchases, and career setbacks. These decisions can lead to loss of income, strained relationships, and hindered professional growth. By comparison, individuals in their forties and fifties are more likely to have established careers, higher incomes, and accumulated savings and assets, making impulsive decisions less risky.

3️⃣ Impact on Physical and Mental Health
I also delve into the physical and mental health impacts for millennials and older individuals experiencing a midlife crisis. Millennials may face increased stress, anxiety, and impulsive behaviors, while older adults might grapple with existing health conditions and disruptions in relationships.

Regardless of age, a midlife crisis can have far-reaching consequences on an individual’s financial stability, career trajectory, and overall well-being. The comparison between millennials and individuals in their forties and fifties underscores the severity of the potential costs and implications for each group, highlighting the need for mindful navigation and professional support during this challenging phase of life.

Tune in to gain insight into navigating the impact of a midlife crisis at any age.

Report from The Thriving Center of Psychology: Millennials in Crisis

🔎RESERVE YOUR SPOT TO GET THE MIDLIFE RESEARCH REPORT🔍

👏 Get my Five Pillars of Fulfillment Scorecard 👏 

My affiliate link to Castmagic, the AI tool I used to help produce these show notes.

Music attribution:
Old Bossa Twin Musicom
Suno

Reserve Your Spot | Receive Midlife Fulfilled Report 2024

The Midlife Career Reboot Workbook

Midlife Fulfilled Podcast Page on LinkedIn

Subscribe & Listen On

Connect with Bernie Borges

Rate & Review

Music Attribution
Scott Holmes Music
Eyes Wide Shut
Old Bossa Twin Musicom

You Deserve a Fulfilled Midlife

Unlock Your Free Guide to Thriving in Midlife

By reserving your copy, you’ll also be entered into a drawing to be a featured guest on the Midlife Fulfilled podcast.

FREE DOWNLOAD

The Midlife Career Reboot Workbook

Subscribe & Listen on

Get the Midlife Fulfilled Podcast
Delivered to Your Inbox

Each episode is curated with love.

Your information is 100% secure and will never be shared with anyone. You can unsubscribe at any time.