Survey: Financial Insecurity Dampens Belief in Achieving American Dream
-
More Americans believe the American dream is out of reach compared to 5 years ago, with 42% saying it is unattainable.
-
Financial security is now seen as the top factor in achieving the American dream, replacing homeownership and living paycheck to paycheck.
-
Only 44% of parents are confident they won't have to live paycheck to paycheck and 37% believe they can retire at their target age.
-
Carrying credit card and student loan debt for too long was a top financial regret expressed in the survey.
-
66% of families are confident in their long-term financial decisions but wish they had started saving and investing earlier.