The “mid-life crisis” provides endless amusement from over-the-hill fellows trying to hold on to their youth via frivolous purchases (e.g., a sportscar) and foolish escapades (e.g., young women). A few years ago, economist David Blanchflower pinpointed 47.2 as the age when unhappiness reaches this minimum.* However, my re-analysis of his data indicate a very plausible complication to this picture: A late 20s dip creating a double “U” in the happiness curve.
After importing Blanchflower’s life-satisfaction data** into Stat-Ease software, I applied a 6th order polynomial model—not just the 2nd order quadratic typically used for simplification. This more sophisticated analysis reveals an initial dip at 24.1 years before the ‘mid-life crisis’ coming at 50.9 years of age.
Of course, all of us differ individually in our happiness throughout our lives, but it is interesting to see how we compare to the average person in this regard. Although I would not mind a rejuvenation to my mid-20s physical fitness, it really is great to be well past the unhappiness of those youthful days and the subsequent stress that comes at mid-life. Old guys really do rule for happiness by my reckoning.
Cheers!
*Research Shows People Become Increasingly Unhappy Until Age 47.2, Inc., 1/30/20.
**Figure 2: “US Gallup Daily Tracker Cantril’s 11-step life satisfaction ladder, 2008-2018, no control curve”, Is happiness U-shaped everywhere? Age and subjective well-being in 145 countries, David G. Blanchflower, Journal of Population Economics, v34, pp 575–624, 9/9/20.