Filed Under:Markets, Gen X Y

Poll: Earlier generations had it better

Most Americans believe their children will have fewer opportunities to achieve a comfortable retirement.
Most Americans believe their children will have fewer opportunities to achieve a comfortable retirement.

Last year, nearly half of Americans answering an Allstate poll indicated they had more opportunities to get ahead than their parents did, though, oddly, three in four of the poll respondents indicated that getting ahead is harder than in the past. Now comes word, courtesy also of Allstate, that Americans overwhelmingly believe childhood and parenthood were better for earlier generations.

This finding, the result of the new Heartland Monitor Poll that Allstate that conducted in partnership with the National Journal, indicates that a majority (68 percent) of the 1,000 Americans surveyed (all ages 18 and older) believe that when today's children are adults, they'll have less financial security, with a poorer chance of holding a steady job and owning a home without too much debt.

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Nichole Morford

Nichole Morford
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