Most Americans Still Say They Are Better Off Than Their Parents
The large majority of Americans (69%) say they are better off financially than their parents were when they were the same age. However, this is down slightly from 74% in 1998, the last time Gallup asked the question.
The same Nov. 28-Dec. 1 Gallup poll also finds Americans only somewhat less likely now than in the more economically robust 1998 to be satisfied with their future prospects, income, net worth, and housing situation. Taken together, these results reveal that the majority of Americans do feel good about their personal financial situations, despite the struggling national economy.