You are currently viewing Nearly Half of US Adults Say American Dream Is Dead as Inflation Tops Financial Security Fear List

Nearly Half of US Adults Say American Dream Is Dead as Inflation Tops Financial Security Fear List

This post was originally published on this site

Share This Page

A new report shows U.S. adults say inflation is the greatest obstacle to reaching financial security in retirement, while 44 percent think Social Security won’t be there when they need it and just 55 percent say the American Dream “is still alive and well.”

These are among the key findings from the 2022 Planning and Progress Study, an annual study released on May 18 by Northwestern Mutual. The examines Americans’ attitudes and behaviors toward money and financial decision-making, while exploring broader issues around long-term financial security, including the impact of the pandemic and surging prices.

The study shows that have a high degree of confidence in themselves, while expressing skepticism about external factors like the state of the economy or .

While 72 percent said they have had or expect to have a successful career and 66 percent said they have achieved or expect to achieve long-term financial security, only 55 percent

Subscribe By Email To Whichever Category You Wish


Or Browse Online By Following The Links Below...

..... (Read more by following the post link below)

Also See...