Millennials and Gen Zs in the Philippines aspire to have long, healthy lives, but stress and lifestyle habits are hindering them from acting on their goals, according to a new study by Manulife Philippines.
The survey, #FYP: Future-proofing Young Pinoys, found that while 83 percent of respondents know about health and wellness, only 76 percent consistently practice healthy habits.
Stress was cited as the biggest barrier, affecting 64 percent overall and peaking at 76 percent among millennial women. Other factors undermining wellness efforts included excessive screen time (48 percent) and sleep deprivation (45 percent).
Young Filipinos are placing a greater value on healthspan (healthy years) over lifespan, with 60 percent of women preferring more healthy years compared to 53 percent of men who prioritized longer life. Nearly all respondents (96 percent) view aging positively, and 91 percent said living meaningfully matters more than longevity.
Financial independence also emerged as a top concern. Seventy-four percent said long life is only a blessing if backed by financial security, with 60 percent of women prioritizing independence more than 44 percent of men.
Millennials estimated they need P18.4 million for retirement, while Gen Zs projected P22.3 million, yet only 20 percent are confident of reaching those targets.
Despite the challenges, many are taking action: 65 percent save part of their income, 45 percent buy insurance, and 43 percent improve financial literacy.
“Our study shows young Filipinos are motivated to be healthier and financially independent, but stressors and lifestyle gaps hold them back,” said Manulife Philippines president and chief executive Rahul Hora.
“The next step is embedding wellness and financial planning into daily life, supported by tools and programs that help turn intent into sustained action,” he said.
