Looking good and feeling powerful: Millennial men are now spending big bucks to stay 'hot.' Here's what's changed

Remember when society viewed millennials as young, radical thinkers who were killing the shopping mall and diamond industry? These days, millennials aren't so young anymore. As of 2026, the millennial age ranged from 30 to 45 (1), meaning most fall into the early-middle-age to late-middle-age categories (2).

While the stereotypical example of a middle-aged man going through a mid-life crisis used to be about buying an expensive sports car on a whim so he can appear younger and cooler, this may be shifting.

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That's because there's a growing trend among middle-aged men that's less about buying fancy things and more about spending money on staying hot as they age.

"Most of us may not have the money to buy a Porsche, but we might have $6,000 a year for a good doctor who can work with us on our biomarkers," writes Chris Rovzar, editor of global luxury coverage at Bloomberg (3). "Or $320 a month to spend on peptides from a compound pharmacy (4)."

Talking about men's beauty has gone mainstream

Traditionally, it's been women who've faced intense beauty standards, but now, men are also holding themselves to ever-higher standards of attractiveness.

"What changed is pretty straightforward," Dave Asprey (5), 4-times New York Times-bestselling author, longevity expert and creator of the Biohacking Movement, told Moneywise. "Men figured out that looking good and feeling powerful are the same thing."

"Previous generations treated those as separate," he continued. "Today's guy knows his body is the foundation everything else runs on. He watched his father decline at 55 and decided that wasn't going to be him."

Part of the cultural shift could be the rise of Ozempic and other GLP-1 weight loss drugs. The Federal Drug Administration approved Ozempic to treat type 2 diabetes in 2017, then approved a higher dose in 2022 (6).

That year, celebrities and online influencers shared their weight-loss journeys on social media, not shying away from the fact that GLP-1 drugs were a vital part of their life-changing strategies (6). Suddenly, people everywhere were openly talking about losing weight — not just by exercising and eating right, but by taking medicine prescribed off-label for this purpose.