Long Term Care

What Is The Status Of The American Dream?

I am happy to share with you the comprehensive report from MetLife The MetLife American Dream Study. (Just click on the name of the study for the full 48 page report.) This groundbreaking study was conducted by MetLife to better understand perceptions among consumers regarding the financial burden shift - an important insight driving the need to help consumers build their own safety net, and the key concept behind their "if" advertising.

This eye-opening work queried 1,500 Americans as to their views concerning the continued viability of the "American Dream," in light of the erosion of traditional government and employer safety nets.

Key findings of the study illustrate that:

• It is clear that financial security has become the defining element of achieving the American Dream. This is not surprising; it's an outgrowth of increasing financial burdens shifting to individuals.
• More than six in ten working Americans feel they carry more financial burdens than their parents did, and the overwhelming majority feel this burden will continue to grow for future generations.
• Most see the American Dream as a never ending pursuit, rather than an attainable goal.
• While a majority of Americans feel they have yet to achieve the dream, they remain optimistic about the future. A majority feels it's still possible to achieve the American dream in their lifetime.

LTCi is a key component in helping your clients define their financial security. A plan that does not account for the possible need for long term care services is incomplete. I hope that this study can help you better understand and serve your clients and their needs. When you are ready to discuss your clients' LTCi needs, let us provide you with the necessary information by simply requesting a quote

Click here for a quote.