Personal Finance Website Conducts “American Dream” Survey with National Endowment
YOUNG MONEY Staff
27 July 2011
The survey, conducted by Harris Interactive, took place from June 28 to 30 and was completed by 2,257 adults in the U.S. aged 18 and up. It defied previous preconceived notions of the ultimate financial "American Dream," which typically characterized ownership of a home as the chief goal of most American adults. Only 17 percent of survey respondents prized home ownership above other goals.
Many of the survey's respondents appeared to express worry regarding their personal finances. 70 percent cited problems with saving money, while 54 percent claimed that poor management of their debt was a significant hurdle to overcome in their retirement savings. 57 percent of those surveyed believed themselves to be on their way to achieving their own "American Dream."
The American Association of Retired Persons (AARP) advises against early withdrawals from retirement planning accounts such as 401(k) and IRA plans to optimize retirement savings.
Beck Bamberger career career coach Careers collection agency credit card credit report credit score debt debt consolidation debt counseling Derek Hoffman employment entrepreneur profile Entrepreneurship Facebook financial literacy find a job get out of debt health insurance internet scams Investing Laura Tirello life coach marketing Mike Michalowicz Money Management mortgage new company paying for college personal finance recession save money saving money Shopping social media start a business student loans the edge Toilet Paper Entrepreneur Travel unemployment video young entrepreneur young entrepreneurs
- Most Read
- Most Emailed
- Most Comments
- None Found
Financial help Center