“While the classic image of a midlife crisis may involve extravagant spending, it’s the underlying emotional and psychological turmoil that truly defines the experience,” Andrew Latham, a certified financial planner, tells Fortune. “Whether it’s splurging on luxury items or making impulsive life changes, the essence of a midlife crisis lies in the quest for meaning, identity, and personal fulfillment—not on the balance of your checking account.”
Anyone who has seen their parents burn-out from working too hard, prioritizing career over family and such will have a very strong desire not to follow in their foot-steps. Not all baby-boomers fit that description and I would assume their kids would not be naturally inoculated against workaholism. They would need to make their own mistakes and then their kids would need to make some of their own - the said millennials would recoil from such a way of life. Seeking meaning, purpose and engagement in what a person spends their time doing is a great way to have a mid-life crisis. Even better to have that be a person's quarter-life crisis
Comments