Innovation for Hong Kong's Upward Social Mobility

35 4.3 Quarter-Life Crisis 4.3.1 The quarter-life crisis is a crisis “involving anxiety over the direction and quality of one’s life” which is most commonly experienced in a period ranging from a person’s early twenties up to their mid-thirties81. 4.3.2 According to a study involving 2,000 British Millennials, 60% have suffered from quarter-life crisis, 53% have struggled to cope with financial pressure, 26% have faced career problems, 22% have difficulties in purchasing a property, and 25% are troubled by finding satisfactory relationships82. According to the study, it takes an average of six months for millennials to recover from the crisis. However, as Dr. Robinson pointed out in the report, “there were two sides to a quarter-life crisis …… They’re often feared as periods of difficulty and distress, but in my experience, they can also be times of openness, curiosity and growth.” 81 82 The Independent (March 2018). “More than half of Millennials are having a “quarter-life crises” as they worry about being successful”. 4 Youthquake and Quarter-Life Crisis