What is the American Dream?
What American Dream? 87% 34% Only of Americans of Americans Say that the current crisis has caused them to reevaluate their priorities Feel like they have an adequate saftey net Q: How long could you afford to be without a paycheck? 26% 19% 20% 15% 12% 8% 0-2 weeks 2-4 weeks 2-3 months 4-6 months 7-12 months 12+ months More 21% The Same Household Spending 74% les How has your QHousehold Spending changed from 2009 to 2010? 2009 to 2010 Top 3 Steps Taken Top 3 Steps Planned 1. Saving more and spending less 2. Rethinking my priorities in life 3. Becoming more focused on maki a financial plan 1. Become more focused on making a financial plan 2. Becoming more educated about financial topics. 3. Reviewing my retirement savings plan The American Dream Today % of people who ranked this response in their top 3 definitions +6% 2006 2010 Since 2006, our definition of the American Dream has become more +16% 65 59 58 focused on family and children, marriage, and financial security. +0% 42 43 43 +5% +0% 36 31 35 35 +3% +8% 28 31 29 21 -1% Financial Security Others Free From Want Marriage Home Ownership Successful Career .of those ranked in 2010: The Silent Generation (Born 1925–1945) Generation Y (Born 1980–2000) ilihıda. 69 66 56 51 59 40 51 32 34 19 25 14 Financial Security Others Family/Children Marriage Free From Want Home Ownership Successful Career Comfortable Retirement 39% Becoming Less Materialistic? of Gen. Y Say they already have everything they need materially, though they have the least savings and professional accomplishment among generations. Source: 2010 MetLife Study of the American Dream .com Family/Children Comfortable Retirement
What is the American Dream?
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