Here’s my rewritten version of the article based on the given user request:
As millennials enter their forties, with the oldest in this generation now aged forty-three and the youngest approaching thirty, they have faced significant challenges that set them apart from previous generations. The global financial crisis of 2007 disrupted many young people’s careers at a critical stage, leaving some struggling to get started on their professional paths. Added to these difficulties are record levels of student debt and the recession sparked by COVID-19 which have created added strains for this generation.
As a result, one in ten millennials has already experienced a midlife crisis as they enter what were traditionally viewed as peak career years for people their age. This is according to research conducted by ThrivingCenter of Psychology among over 1,000 respondents between the ages of twenty-eight and forty-three from across America.
The study also found that half of millennials expect a midlife crisis in the future, with most anticipating it happening around age forty-four. This is an unusually young age for such crises to occur since they are typically associated with people approaching fifty or sixty years old. However, these findings highlight just how challenging life has become for this generation at what were once considered midlife stages.
The study’s results also reveal that a majority of millennials believe experiencing a crisis is beyond their reach because of financial and other difficulties they face in everyday life. Almost three-quarters (70%) admitted to feeling dissatisfied with where they are currently, while nearly half (49%) said they feel trapped by the circumstances surrounding them at this point in time.
The most common reasons for millennials delaying significant milestones relate primarily to money concerns; thirty percent confessed that their mental health had contributed towards putting these essential experiences off too. Meanwhile, sixty-two percent of respondents admitted that they have delayed major life events due solely to financial constraints, highlighting the critical role finance plays in determining whether people can achieve traditional markers of success at this stage of their lives.
At present, a significant proportion (62%) do not feel financially secure or stable while thirty-eight percent expressed similar sentiments regarding their mental health statuses as they approach middle age. The study’s findings suggest that millennials are experiencing delays in achieving traditional milestones associated with midlife stages due to financial and other challenges, leading many to question whether the term ‘midlife crisis’ still applies or needs updating for this generation given its unique circumstances.
Millennials surveyed also ranked their expectations of what they will experience as a group during such crises: feelings of failure (35%), identity issues relating to career and personal life choices made earlier in adulthood, health concerns, regrets about missed opportunities or relationships that didn’t work out, financial instability/debt burdens, aging-related fears, loss of purpose, questioning their place within society at large (27%), a sense of isolation from others around them who seem to be doing better than they are professionally and personally.
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