November 29, 2021

Report: Millennials Are More Stressed Out Than the Baby Boomers They Stress Out

Millennials are leading the nation in stress according to a survey by the American Psychological Association.

Fusion reports:

The group’s annual Stress in America report found that millennials, which they defined as individuals aged 18-35, reported an average stress level of 5.5, compared with 5.4 for Gen X, 4.5 for Baby Boomers and 3.5 for “matures.”

Not only are Millennials stressed out in general, 36% of them report their stress has increased in the last year, 34% felt lonely due to their stress and another 34% even skipped a meal because of it.

Other highlights from the report:

  • Seventy-two percent of adults report feeling stressed about money at least some of the time and 22 percent say that they experience extreme stress about money (a rating of 8, 9 or 10 on a 10-point scale about their stress about money during the past month).
  • Twenty-six percent of adults report feeling stressed about money most or all of the time.
  • Significant sources of money-related stress reported by Americans include paying for unexpected expenses, paying for essentials and saving for retirement.
  • Thirty-two percent of adults say that their finances or lack of money prevent them from living a healthy lifestyle.
  • Twelve percent of Americans have said they skipped going to the doctor in the past year when they needed health care because of financial concerns.

What do we make of this? Are you stressed out? Is the timing perfect to ask that question or what?

 

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