Goodbye mid-life crisis. Here's the three-quarter life crisis
While many of us consider the ‘midlife crisis’ is something that occurs in our 40s and 50s, research by Australian Seniors reveals that these feelings of anxiety are more likely to hit us later in life, in our mid 60s and 70s.
These major life reassessments are being dubbed the ‘three-quarter life crisis’ – and given we are all living longer and healthier lives, it makes sense these feelings might present in later decades.
This ‘crisis’ offers many positives, however. Australian Seniors surveyed 5,000 people aged over 50 and found that two in three people see this re-evaluation as a healthy process that is important to work through. And when it comes to retirement, more than three-quarters see it as the beginning of something, rather than the end.
Family is key
Many respondents also welcome the idea of new experiences and more precious time with family. And the majority (72%) believe that with age, comes greater wisdom.
For those experiencing this later-in-life crisis, the most common signs are feelings of depression, remorse, resentment, and anxiety (47%). People also worry about mortality and their legacy, and question their achievements and life choices (both 33%). And about a third feel bored and want new adventures (34%).
Most people, however, will come through this period feeling reinvigorated and excited about the next stage of their lives, whether that involves work, travel when permitted, more time with loved ones, or embracing new hobbies. Their next act may well be their best yet.
Later-in-life crisis by the numbers
- 32% of those surveyed have experienced a three-quarter life crisis.
- 46% have seen others go through it.
- 54% believe the midlife crisis is being replaced by the three-quarter life crisis.
- 67% think it’s a healthy process to work through.
31 May 2021